As expected, the Bank of England retained a base rate of 0.75 percent, and the target of asset purchases was 435 billion pounds. After the publication of this decision, the pound fell slightly relative to its main competitors.
At about 7:05 am ET, the pound was trading at 141.78 against the yen, 1.2540 against the franc, 0.9035 against the euro and 1.2688 against the US dollar.