bank of england holds interest rate at 050
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Bank of England holds interest rate at 0.50%

Arab Today, arab today

Arab Today, arab today Bank of England holds interest rate at 0.50%

London - AFP

The Bank of England left its main interest rate at a record-low 0.50 percent on Thursday due to weak economic growth in Britain and mounting debt strains in the neighbouring eurozone. The BoE's nine policymakers also decided against pumping more new money into the economy, leaving its Quantitative Easing (QE) programme at £200 billion ($327 billion, 229 billion euros). "The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%," a statement said. "The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bank of england holds interest rate at 050 bank of england holds interest rate at 050

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

bank of england holds interest rate at 050 bank of england holds interest rate at 050

 



GMT 18:05 2018 Friday ,07 September

Outstanding orphan, needy family's students awarded

GMT 23:58 2017 Monday ,25 December

Kuwaiti Premier receives Saudi Royal Court advisor

GMT 22:17 2016 Thursday ,16 June

Black box recovered from EgyptAir crash site

GMT 05:27 2017 Saturday ,11 November

IMF urges Argentina to step up pace of economic reforms

GMT 08:24 2017 Thursday ,24 August

Chad closes Qatari embassy in Ndjamena

GMT 14:50 2017 Monday ,25 September

Japan's Abe triggers snap election amid N.Korea crisis

GMT 05:49 2017 Thursday ,24 August

Mugabe says not going anywhere, not dying

GMT 14:17 2017 Saturday ,25 March

Bahrain-US cultural cooperation discussed
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday