The Pound falls on BOE inflation report

Source: Bloomberg
The Pound weakened for a third consecutive day versus the Euro, falling toward the lowest level in 15 months as the Bank of England Governor Mervyn King said the nation's growth is likely to be slow with a lot of challenges ahead. The Sterling fell 0.7% to 86.51 pence per Euro after sliding to 87.17 pence February 1, the lowest level since October 31, 2011.

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