Sterling stabilises as May prepares minority government bbc.com

The British pound has stabilised on Asian markets, remaining at its low after last week's shock election results in the UK.
The currency traded at $1.2740 early on Monday after Friday's $1.2743 close.
Analysts suggest the likelihood of a minority Conservative government might stave off further falls in the currency.
Prime Minister Theresa May is in talks with the Democratic Unionist Party to support her administration.
Last Thursday's snap general election saw Mrs May lose her majority, throwing the country into political uncertainty.