Bloomberg News

Pound Stays Little Changed as BOE Maintains Bond-Buying Target

December 06, 2012

The pound stayed little changed after the Bank of England left its bond-buying program and key interest rate on hold.

Sterling was little changed at 81.10 pence per euro at 12:01 p.m. London time and was at $1.6104.

The London-based central bank left the asset purchase target at 375 billion pounds and the benchmark interest rate at a record-low 0.5 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net


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