Tag Archives: rate

Pound US dollar exchange rate: GBP/USD sinks on Bank of England division

The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...

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Pound US dollar exchange rate: GBP/USD sinks on Bank of England division

The pound US dollar exchange rate eased this afternoon after the Bank of England left its interest rate unchanged at 0.75 percent. This came despite two dissenting policymakers voting to cut the rate to 0.5 percent. The BoE was gloomy in its forecasts for the British economy, saying in its latest Monetary Policy Report: “Growth in the UK economy has ...

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Pound Euro exchange rate falls as BoE warns of global ‘rut’

The pound fell against the euro today, with the pairing trading around €1.157 as the Bank of England left interest rates on hold in its last monetary policy meeting before the December 12 election. The central bank left interest rates unchanged at 0.75 percent, with seven out of nine policymakers voting to leave rates on hold. Daily Express :: City ...

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