Bank of England leaves rates unchanged

Mubasher: The Bank of England (BoE) fixed interest rates at a record low of 0.25%, according to a statement.

The Monetary Policy Committee agreed previously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

The Pound sterling (GBP) rose 0.11% to reach $1.3220 by 11:30am GMT.

Mubasher Contribution Time: 15-Sep-2016 12:23 (GMT)
Mubasher Last Update Time: 15-Sep-2016 12:23 (GMT)