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Sterling Rises After Bank of England Hikes Interest Rates
The pound trimmed losses, rising to $1.3129 from $1.3081 [GBP:USD, 1:1.3129] before the decision, settling down 0.1 percent on the day. Against the euro the pound rose to a 12-day high of 88.62 pence [EUR:GBP, 1:0.8862] from a flat level [wtf] before the rate rise [to 0.75%] was announced.

Diversity is the key to economic and political evolution.
by Cat on Thu Aug 2nd, 2018 at 12:33:06 PM EST
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