Archive for August, 2010
5th
Aug/10
Bank of England
Tags: bank of england, monetary policy, Quantitative Easing, sterling, UK, US, US Dollar
Posted in Currency News Currency Updates by mporter
Posted in Currency News Currency Updates by mporter
The Bank of England has today kept UK interest rates on hold at 0.5% and the Bank’s current asset purchase scheme known as quantitative easing also remains on hold at £200 billion.
The Pound continues to look firm against the US Dollar trading above 1.58 on the interbank market and against the Euro the pound trades [...]
