The market, as well as, the politics are going haywire as the date of the referendum nears. Bank of England (BoE) governor Mark Carney responded forcefully to a threatening letter from one of the Brexiteer. A letter from Bernard Jenkin, Chairman of the public administration and constitutional affairs committee warned the governor to not to break purdah rules. The angry governor responded by saying that Bank of England (BoE) isn’t bound by purdah rules but had voluntarily agreed to abide by them and the comments made so far has been in line with the bank’s statutory mandate.

It seems things are getting uglier as referendum date draws near.

 In its economic bulletin released today, European Central Bank has warned of the downside risks from the upcoming referendum. It said, “Downside risks continue to relate to developments in the global economy, to the upcoming British referendum on EU membership and to other geopolitical risks.”

In another event,

A telephone poll, conducted by Ipsos Mori and published by the Evening Standard suggests, around 53 percent of the Britons surveyed are ready to vote for leave while 47 percent will be voting to stay.

As referendum days drew close more and more pollsters have found that exit camp is leading. The Sterling is currently trading at 1.416 against Dollar.