LSE: Pound Mixed Following BoE Interest Rate Decision
BRUSSELS (Alliance News) - As expected, the Bank of England kept its key rate at a record low of 0.50% and asset purchase programme at GBP 375 billion.
Following the announcement, the pound showed mixed trading against its major rivals. While the pound declined slightly against the euro and the greenback, it changed little against the yen and the franc.
The pound was trading at 1.4817 against the greenback, 0.7266 against the euro, 1.4382 against the franc and 177.81 against the yen around 7:05 am ET.
