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Forex News: Pound Falls After BoE Decision

Pound Falls After BoE Decision

05/10/2018 - 07:02:00 (RTTNews)

(RTTNews) - As expected, the Bank of England kept its key rate on hold at 0.50 percent and the asset purchase plan unchanged at GBP 435 billion at 7:00 am ET Thursday.

After the decision, the pound slipped against its major rivals.

The pound was trading at 1.3572 against the greenback, 148.76 against the yen, 1.3600 against the franc and 0.8763 against the euro around 7:01 am ET.

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