Uk Base Rate Change Today

[chiang mai]

I say the BOE could hold rates at their present levels because the concept of cutting base rates doesn't have much bearing on matters, especially when rates are as low as at present - holding rates would also improve Sterling to an acceptable level without damaging trade. In practice however I reckon the Bank will likely cut up to 0.50%.

And you think what? You have a few hours to place your bets.

[JimsKnight]

Dunno, but I'll be withdrawing another 10k baht from Nationwide either way

[Noodles]

Well its just been announced on bbc news that its been reduced to 1%.

Does this mean that the baht will fall again now?

[chiang mai]

Well its just been announced on bbc news that its been reduced to 1%.

Does this mean that the baht will fall again now?

Not really, it just means the Pound may strengthen slightly, 51.03 as of now but may may or may not last.