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View Full Version : Pound Drops Against Euro as UK Buys Gilts, Stocks Decline - Bloomberg



NewsWhore
03-12-2009, 09:10 AM
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Pound Drops Against Euro as UK Buys Gilts, Stocks Decline (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaSy4OupCxEIo%26refer%3Duk&cid=1313963541&ei=mgq5Scv9BI_wMoXjqIYD&usg=AFQjCNGvgraQLgu5xiyMa5K67cdWL_HP2A)
Bloomberg
By Matthew Brown March 12 (Bloomberg) -- The pound fell against the euro and the dollar after the Bank of England started buying UK government bonds and as stock-market losses sapped demand for riskier assets priced in the British currency. ...


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