Name Symbol Market Type
Pound Sterling vs United States Dollar FX:GBPUSD Forex Exchange Rate
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.0% 1.23 1.2299 1.2301 0 00:00:00

Pound Drops After BoE Decision

04/08/2022 8:07am


Sterling vs US Dollar (FX:GBPUSD)
Forex Chart

From Jun 2022 to Dec 2022

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As expected, the Bank of England raised its key rate by 50 basis points to 1.75 percent from 1.25 percent. Following the decision, the pound weakened against its major counterparts.

The pound was trading at 162.95 against the yen, 1.2134 against the greenback, 0.8391 against the euro and 1.1642 against the franc around 7:04 am ET.

1 Year Sterling vs US Dollar Chart

1 Year Sterling vs US Dollar Chart

1 Month Sterling vs US Dollar Chart

1 Month Sterling vs US Dollar Chart
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P: V:gb D:20221204 23:30:05