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Currency Analyst since 2010

BoE: policy unchanged

The Bank of England’s Monetary Policy Committee maintained the official Bank Rate at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at 375 billion pounds.

The minutes of the meeting will be published on Wednesday, October 23.

GBP/USD is a bit higher at $1.5950.

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