Pound Drops After BoE Decision
June 24 2021 - 3:05AM
RTTF2
As expected, the Bank of England kept its interest rate
unchanged at a record low of 0.10 percent and the quantitative
easing programme at GBP 895 billion.
Following the decision, the pound weakened against its major
counterparts.
The pound was trading at 154.37 against the yen, 1.3925 against
the greenback, 0.8576 against the euro and 1.2795 against the franc
around 7:04 am ET.
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