Sterling falls after BOE factors Brexit risks in policy decision
Bank of England governor Mark Carney describes Brexit as biggest domestic financial stability risk
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London
THE pound fell for a second day against the US dollar as the Bank of England (BOE) held its key rate at a record low and minutes showed that officials considered the implications of the UK leaving the European Union in making its decision.
Sterling weakened for the first time in five days versus the euro. The nine-member Monetary Policy Committee, led by Mark Carney, voted unanimously to keep the benchmark rate at 0.5 per cent. That followed the voting pattern of the previous two monthly policy meetings.
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