Published On: Thu, Jan 9th, 2020

Pound US dollar exchange rate sinks as the Bank of England hints at interest rate cut

The pound US dollar exchange rate eased by around -0.4 percent today, with the pairing currently trading around $ 1.304 after Mark Carney, the Governor of the Bank of England , hinted at a possible interest rate cut to boost the UK’s flagging economy.
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Pound US dollar exchange rate sinks as the Bank of England hints at interest rate cut