GETTY The FTSE 100 has reached its highest level since 2015

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The FTSE 100 jumped again in Friday trading to sit at around 6,577 - its highest level since August 2015.



The index has been climbing since Tuesday as confidence recovered from the initial shock over the outcome of the referendum. Despite experiencing one of the most volatile weeks since the 2008 financial crisis, the FTSE posted its best week since December 2, 2011, making gains of 7.15 per cent.



Bank of England Governor Mark Carney yesterday evening injected extra confidence into markets by promising Britain is tough enough to deal with the transition period of leaving the bloc.



The chief also heavily hinted interest rates are set to be cut in the next couple of months to provide extra stimulus to the economy.

The London Stock Exchange The FTSE has more than recovered from its Brexit shock

The London Stock Exchange The FTSE 100 is sitting at the highest level this year

The comments helped continue the rally that has taken hold since Tuesday and pushed the market far above its pre-referendum high of around 6,300. It is now expected the Bank's base rate will be cut from 0.5 per cent to 0.25 per cent in August.



The prospect of a rate fall, however, has weakened the pound, which is now at 1.19 against the euro and 1.32 against the dollar.

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