Pound Trades Near 2 1/2-Year Low as Northern Rock Borrows More

Story date: 2007-09-28 08:12:00
Added on: 2007-09-28 23:00:16

Bloomberg - Sept. 28 (Bloomberg) -- The pound traded near the lowest in more than 2 1/2 years ... greater chance than a month ago that the Bank of England will cut interest rates ... U.K. bonds also advanced this quarter as the fallout from U.S. subprime mortgage ...


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