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View Full Version : Pound Falls on Speculation BOE to Add More Stimulus; Gilts Rise - Bloomberg



NewsWhore
02-25-2012, 02:00 AM
Pound Falls on Speculation BOE to Add More Stimulus; Gilts Rise (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNESfXeUL8I9Qi6HsN1gJTFtRGsZ8g&url=http://www.bloomberg.com/news/2012-02-25/pound-falls-on-speculation-boe-to-add-more-stimulus-gilts-rise.html)
Bloomberg
The UK currency depreciated 2.3 percent this week to 84.90 pence per euro at 4:11 pm London time yesterday, the biggest weekly drop most since June 3. It reached 85.06 pence, the weakest level since Dec. 12. Sterling was little changed at $1.5828.

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