BLBG:Pound Extends Drop Versus Euro as Minutes Show BOE Voted Unanimously on QE
The pound extended its decline versus the euro after minutes of the Bank of England’s latest policy meeting showed officials voted unanimously to expand the size of their asset-purchase program.
The pound weakened 0.4 percent to 87.84 pence as of 9:36 a.m. in London.
Sterling erased a 0.3 percent gain versus the yen, leaving it at 120.71 and a 0.4 percent advance against the dollar to trade little changed at $1.5715.
To contact the editor responsible for this story: Lucy Meakin at lmeakin1@bloomberg.net
