U.K. Pound Strengthens Against Euro, Dollar After BOE Minutes

The pound strengthened against the dollar and euro after minutes of the Bank of England’s July meeting showed the Monetary Policy Committee voted 9-0 to keep its bond-purchase target at 375 billion pounds.

Sterling rose 0.5 percent to $1.5233 at 9:35 a.m. London time. It also appreciated 0.5 percent to 86.44 pence per euro.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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