Pound Falls After BoE Decision
May 11 2017 - 3:02AM
RTTF2
As expected, the Bank of England kept its interest rate at a
record low of 0.25 percent and maintained asset purchase programme
at GBP 435 billion.
Following the decision, the pound slipped against the other
major currencies.
The pound was trading at 1.2895 against the greenback, 147.00
against the yen, 0.8423 against the euro and 1.2981 against the
franc around 7:01 am ET.
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