As expected, the Bank of England kept its key rate at 0.10 percent and quantitative easing at GBP 875 billion.
Following the decision, the pound climbed further against its major counterparts.
The pound was trading at 1.3683 against the greenback, 150.27 against the yen, 1.2646 against the franc and 0.8566 against the euro around 7:04 am ET.
The material has been provided by InstaForex Company – www.instaforex.com
Latest posts by Insta Forex (see all)
- *Brazil Dec Retail Sales Up 0.4% Y/Y Vs. 1.4% In November - February 9, 2023
- *Mexico Jan CPI Rises 0.68% M/M Vs. 0.38% In December - February 9, 2023
- *Brazil Dec Retail Sales Down 2.6% M/M Vs. -0.9% In November - February 9, 2023
