Bank of England interest rates
Interest rate decisions affect currencies in a big way. The Bank of England or BOE is the central bank of the United Kingdom. Its interest rates decisions naturally reflect the Sterling. On April 10, 2008, the BOE reduced the official Bank Rate to 5.0% from 5.25%.
According to the Bank of England, “The Bank sets interest [...]
Posted on April 12th, 2008 by Soh Tiong Hum
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