The British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest rate hikes in America. The Bank of England decided to keep borrowing costs unchanged. This cautious approach by the Bank of England contrasts with recent moves by other central banks.

British pound/dollar: 1.3427 dollars per British pound (0.7448 British pound per dollar)

British pound/dollar: 1.3293 dollars per British pound (0.7523 British pound per dollar)

The British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest rate hikes in America. The Bank of…

British pound/dollar: 1.3205 dollars per British pound (0.7573 British pound per dollar)

British pound/dollar: 1.3235 dollars per British pound (0.7556 British pound per dollar)