Pound Drops After BoE Decision
17 March 2022 - 7:07PM
RTTF2
The Bank of England hiked its key rate by 25 basis points to
0.75 percent from 0.50 percent, as expected. Following the
decision, the pound fell against its major counterparts.
The pound was trading at 1.3132 against the greenback, 155.86
against the yen, 1.2350 against the franc and 0.8411 against the
euro around 8:04 am ET.
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