GBP/AUD Exchange Rate Steady as Bank of England Holds Interest Rates
December 17, 2020 - Written by John Cameron GBP/AUD Exchange Rate Rangebound as Brexit Talks Make ‘Good Progress’, according to EU The Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend higher today after the Bank of England (BoE) held interest rates at 0.1% despite an uncertain economic outlook. At the time of writing the GBP/AUD exchange rate is currently fluctuating around AU$1.784. The BoE’s Monetary Policy Committee (MPC) said in the report: ‘The outlook for the economy remains unusually uncertain. It depends on the evolution of the pandemic and measures taken ...
Source: currencynews.co.uk