(Bloomberg) -- The pound fell versus the dollar for a
second week after the Bank of England kept interest rates
unchanged at its monthly meeting two days ago.
The pound fell as a global sell-off in bonds helped the
dollar rise against 14 of the 16 most-traded currencies. It
slumped the most in three months versus its U.S. counterpart two
days ago after the Monetary Policy Committee, led by Governor
Mervyn King, kept the Bank Rate at 5.5 percent, as predicted by
58 of 62 economists in a Bloomberg News survey.
Read more at Bloomberg Currencies News
second week after the Bank of England kept interest rates
unchanged at its monthly meeting two days ago.
The pound fell as a global sell-off in bonds helped the
dollar rise against 14 of the 16 most-traded currencies. It
slumped the most in three months versus its U.S. counterpart two
days ago after the Monetary Policy Committee, led by Governor
Mervyn King, kept the Bank Rate at 5.5 percent, as predicted by
58 of 62 economists in a Bloomberg News survey.
Read more at Bloomberg Currencies News
No comments:
Post a Comment