Following the Brexit vote in June 2016, the British Pound dropped in value to its lowest point since 1985. This was due to

Multiple choice question.

a. concern by investors over the effect of the Brexit on the Greek economy.

b. speculators attacking the pound to make short-term profits.

c. an increase in U.S. interest rates at that time that attracted investment funds away from the U.K. and into the U.S.

d. investors selling off pound-denominated assets and investing the funds in safe assets like gold and U.S. government bonds.