Tag: ‘boe
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Pound LIVE: Sterling plunges to all time low against dollar – ‘BoE will be forced to act’ | City & Business | Finance
[ad_1] John Bromhead, currency strategist at Australia & New Zealand Banking Group warned Bank of England could be “forced to act”. Sterling tumbled against the dollar as low as $1.0327, the lowest level since decimalisation in 1971. Mr Bromhead said: “The scale of the move today means the BoE will be forced into action, at…