U.K. Pound May Fall Against Euro on Interest-Rate Differential (Bloomberg.com)
Story date: 2007-10-21 11:47:02
Added on: 2007-10-22 12:47:39
Oct. 22 (Bloomberg) -- The pound may decline against the euro on speculation the Bank of England will cut interest rates to stave off an economic slowdown while the European Central Bank keeps borrowing costs unchanged.
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