Mubasher: The European Central Bank (ECB) stands ready to pump more money into financial markets, if needed, in euro and foreign currencies in the wake of Brexit vote.
“The ECB is closely monitoring financial markets and is in close contact with other central banks,” according to a statement.
The bank will continue to fulfil its responsibilities to ensure financial stability in the euro area.
With a turnout of 72.2%, 51.9% voted to sever Britain’s 43-year membership of the EU, 48.1% to stay in, the Financial Times reported.
