The British Pound was lower at $ 1.30 after comments by the Governor of the Bank of England

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The British Pound was lower at $ 1.30 after comments by the Governor of the Bank of England

 

 

 

 03 August 2018 12:27 PM

Directly: the local currency of the UK fell below $ 1.30 during trading on Friday, by the Governor of the Bank of England 's remarks on the deal "Albraikst".

Central bank governor Mark Carney said in remarks to BBC News on Saturday that there was an unusually high risk of no deal for the UK's exit from EU membership.

Carney also said that markets should not expect a rapid rise in interest rates, saying that a 1.5% interest rate within 3 years is "not a bad rule".

Carney's comments came a day after the UK monetary policy decision, which revealed a second-rate increase since the global financial crisis to 0.75 percent, the highest level since 2009.

" Signs that companies are becoming more concerned about the bricast are growing, " the central bank governor said at a press conference held in the wake of the monetary policy report yesterday.

By 9:09 am GMT, the pound fell against the greenback by more than 0.1% to hit $ 1.2998.

The British currency fell against its European counterpart by more than 0.1%, pushing the euro to 0.8912 pounds sterling.

https://www.mubasher.info/news/3324048/الإسترليني-أدنى-1-30-دولار-عقب-تصريحات-محافظ-المركزي-البريطاني

Related Topics currencies