Pound rises versus U.S. Dollar as BOE keeps its 2% inflation target

Note: This section contains information in English only.
Source: Bloomberg
The British Sterling appreciated on Wednesday after the Chancellor of the Exchequer George Osborne said the country's government decided to keep the Bank of England's inflation target at 2% allowing room for further interest rate cuts in the future. The Pound advanced 0.3% to $1.5138 and it weakened 0.2% against the Euro to 85.48 pence following a 0.8% drop earlier on Wednesday.

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