Pound Declines After Bank of England Considers Stimulus Options

The pound declined to the lowest level in more than 15 months against the euro after minutes of the Bank of England’s most recent meeting showed officials considered options including an interest-rate cut to bolster the economy.

Britain’s currency weakened 0.6 percent to 87.35 pence per euro at 9:34 a.m. London time, the lowest level since October 2011. It fell 0.4 percent to $1.5370.

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