The euro and sterling rose Thursday after the European Central Bank and Bank of England announced no change in monetary policy.
Both central banks kept their main interest rates on hold – the ECB at 4 per cent and the UK bank at 5.75 per cent.
By Neil Dennis
Published: October 4 2007 10:59 | Last updated: October 4 2007 17:45
The euro and sterling rose Thursday after the European Central Bank and Bank of England announced no change in monetary policy.
Both central banks kept their main interest rates on hold – the ECB at 4 per cent and the UK bank at 5.75 per cent.