As expected, the Bank of England raised its key rate by 50 basis points to 1.75 percent from 1.25 percent. Following the decision, the pound weakened against its major counterparts.

The pound was trading at 162.95 against the yen, 1.2134 against the greenback, 0.8391 against the euro and 1.1642 against the franc around 7:04 am ET.

Euro vs Sterling (FX:EURGBP)
Graphique Historique de la Devise
De Août 2022 à Sept 2022 Plus de graphiques de la Bourse Euro vs Sterling
Euro vs Sterling (FX:EURGBP)
Graphique Historique de la Devise
De Sept 2021 à Sept 2022 Plus de graphiques de la Bourse Euro vs Sterling