Pound Falls Following BoE Decision
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 875 billion.
Following the decision, the pound dropped against its major
The pound was trading at 152.02 against the yen, 0.8568 against
the euro, 1.2924 against the franc and 1.3945 against the greenback
around 8:04 am ET.