U.K. Pound Headed for Weekly Decline as BOE Keeps Rate on Hold (Bloomberg.com)

Story date: 2008-09-05 07:03:08
Added on: 2008-09-05 07:42:26

Sept. 5 (Bloomberg) -- The U.K. pound headed for a seventh week of losses against the dollar after the Bank of England kept interest rates on hold, likely delaying a recovery in Europe's second-biggest economy.


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