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Could The Pound Decline Sharply?

Discussion in 'Fundamental Analysis' started by ActionForex.com, Mar 7, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    With the Bank of England officially announcing yesterday it would issue new central bank reserves (money) in order to purchase up to 150 billion pounds of assets, mostly U.K. government bonds (gilts), it seems reasonable to assume there's a potential to see the pound decline sharply.

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