Arab Today, arab today bank of england holds interest rate at recordlow 050
Last Updated : GMT 05:26:44
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Bank of England holds interest rate at record-low 0.50%

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Arab Today, arab today Bank of England holds interest rate at record-low 0.50%

London - AFP

The Bank of England held its its key interest rate at a record low 0.50 percent on Thursday, despite dangers from the eurozone debt crisis. \"The Bank of England\'s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5 percent,\" the BoE said in a statement, adding it also opted against altering its stimulus plans.  

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