Today news
About the same in other media
Bank of England says it is monitoring markets after pound pulls back from meltdown
Reading now: 957
fnlondon.comAfter a day of hellish headlines and forecasts around Britain's pound, the Bank of England finally weighed in, saying it is "monitoring developments in financial markets very closely in light of the significant repricing of financial assets".
The statement, long-awaited alongside market speculation of intervention from the BoE, came after the pound plummeted to a record low against the dollar during early trading on 26 September, falling below $1.03 — its lowest-ever recorded level.
Referring...
Read more on fnlondon.comAbout this in other media
Bank of England holds up offer for further support for pension funds fnlondon.com /2 years ago
UK debt market sees fresh selloff after Bank on England halts long-dated bond purchase fnlondon.com /2 years ago
UK banks to raise mortgage market fears in Kwarteng meeting theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
