Forex Market News

GBPINR – Ways2Capital

GBPINR trading range for the day is 80.68-81.6. GBP gained after the Bank of England left interest rates unchanged but hinted that a rate hike could be in the pipeline.

Policymakers of the Bank of England decided to maintain its record low interest rate, in a split vote, as one policymaker preferred a quarter point hike. The Monetary Policy Committee of the BoE, governed by Mark Carney, voted 8-1 to hold the key bank rate at 0.25 percent.

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