BoE Interest Rate Decision Delivers Pound to Euro Exchange Rate Gains

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BoE Interest Rate Decision Delivers Pound to Euro Exchange Rate Gains

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September 19, 2024 – Written by John Cameron

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The Pound Euro (GBP/EUR) exchange rate firmed on Thursday following the Bank of England’s (BoE) latest interest rate decision.

At the time of writing, the GBP/EUR was trading at around €1.1903, up roughly 0.2% from Thursday’s opening levels.

The Pound (GBP) strengthened against most of its peers on Thursday following the Bank of England’s latest interest rate decision.

The central bank kept rates…
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