Published by Josh White on 22nd September 2023
(Sharecast News) - The pound dipped to its lowest level in six months, and bonds rallied after the Bank of England held borrowing costs steady for the first time since November 2021 in a finely balanced decision. Investors sold sterling after the announcement, pushing the pound 0.5 per cent lower against the dollar to $1.22, its weakest level since March. - The Times