British Pound Declines Against Majors Amid Announcement Of BoE`s Scheme [GBP/USD]
4/21/2008 4:22:21 AM Amid the Bank of England`s announcement of the launch of its Special Liquidity Scheme, the British pound declined against its major counterparts. The said Scheme aims to improve the liquidity position of the banking system and increase confidence in financial markets. As of now, the Sterling is trading at 2.0124 against the franc, 205.74 against the yen, 1.9887 against the dollar and 0.7981 against the euro.

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • bodytext
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google