Pound Climbs Ahead Of BoE Decision
March 17 2022 - 3:59AM
RTTF2
The Bank of England's monetary policy announcement is due at
8:00 am ET Thursday. The BoE is widely expected to raise its key
rate by 25 basis points to 0.75 percent from 0.50 percent.
Ahead of the decision, the pound advanced against its major
counterparts.
The pound was worth 1.3202 against the greenback, 156.58 against
the yen, 1.2409 against the franc and 0.8370 against the euro at
7:55 am ET.
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