Pound Lost against U.S. Dollar on BOE Policy Makers' Meeting

Note: This section contains information in English only.
Source: Bloomberg
The Pound depreciated versus the U.S. Dollar for the first time this week ahead of Bank of England monthly two-day meeting in London to decide whether to expand monetary policy. The Sterling fell against 15 of its 16 main counterparts on economists expect the BOE to increase assets purchase by at least 25 billion Pounds from 375 billion Pounds. The U.K. currency weakened 0.3% against the U.S. Dollar to $1.5085, following a decline to $1.4986 on March 1, the lowest in more than 2.5 years. The Pound dropped 0.2% versus the Euro and traded at 86.44 pence per Euro.
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