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Pound drops against majors after BoE cuts rate to 0.50%

posted by Avatar eriathwen 1178 days ago in EUR, GBP, Inflation made popular 1178 days ago

The UK's sterling pared its Asian session gains against its major counterparts after the Central Banks of England and the Europe cut rates to record low levels. The pound thus fell from multi-day highs against other major currencies.
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