Bank of England keeps interest rate at 0.5 percent

MG News | March 22, 2018 at 10:38 PM GMT+05:00

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AFP/APP – The Bank of England on Thursday said it had decided to keep its main interest rate at 0.50 percent, as it weighed high UK inflation against Brexit uncertainty.

"Our Monetary Policy Committee has voted by a majority of 7-2 to maintain Bank Rate at 0.50 percent," said a statement following a regular meeting, adding that it was maintaining the amount of cash stimulus pumping around the UK economy at £445 billion ($630 billion, 512 billion euros).

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KSE30	49,983.86 80.24M	-0.80% -405.13
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,460.00	83,660.00 80,900.00	-2160.00 -2.58%
BRENT CRUDE	103.52	105.92 100.76	3.32 3.31%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	1.40 1.10%
ROTTERDAM COAL MONTHLY	143.85	146.10 143.85	0.40 0.28%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
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SUGAR #11 WORLD	20.16	21.03 20.09	-0.67 -3.22%