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BOE leaves monetary policy unchanged

Thursday,   06-Aug-2020   11:38 AM (IST)

The Bank of England's (BOE) Monetary Policy Committee (MPC) decided to leave the policy rate unchanged at 0.1% at its June policy meeting as expected. Furthermore, the BOE held the Quantitative Easing (QE) program unchanged £745 billion. The GBP/USD pair refreshed intraday high to pierce 1.3143, up 0.24% on day, following the widely-anticipated rate announcement.