Thu, 14 Jul 2016 13:06:35 GMT
Bank of England leaves interest rates on hold
The Bank of England decided to keep its key interest rates at 0.50% on Thursday, whereas analysts expected the central bank to cut its Bank Rate to 0.25 %, following the June 23 referendum. Once the data was released, the British Pound advanced 2% against the US Dollar, trading at $1.34 on the London Stock Exchange.