Sterling drops against most major currencies

Wednesday, 22 June 2011 12:33

Minutes of the Monetary Policy Committee meeting from the 8th and the 9th of June were announced minutes ago. Bank Rate was decided it should be maintained at 0.5%.

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Sterling is the weakest link

Monday, 28 March 2011 06:21

Sterling proved to be the weakest link in today’s major trading as it slipped to a 60 day low of 1.5935 against the Dollar. The UK weak economy seems to be impacting the British currency with its slow recovery.

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