The UK has voted to leave the European Union after 43 years in a historic referendum.
Leave won by 52% to 48% with England and Wales voting strongly for Brexit, while London, Scotland and Northern Ireland backed staying in the EU.
The value of the pound has fallen dramatically as it emerged that the UK had voted to leave the EU.
At one stage it hit $1.3305, a fall of more than 10%, and a low not seen since 1985.
Before the results started to come in, the pound had risen as high as $1.50, as traders bet on a Remain victory.
But following early strong Leave votes in north-east England, it tumbled to $1.43 and then took another dive after 03:00 BST as Leave maintained its lead.