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2020.05.0706:08:00UTC+00Pound Advances After BoE Decision

As expected, the Bank of England maintained interest rate at 0.10 percent and asset-purchase program at GBP 645 billion.

The pound climbed against its major rivals after the decision.

The pound was trading at 1.2337 against the greenback, 131.16 against the yen, 1.2033 against the franc and 0.8746 against the euro around 2:03 am ET.



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