Minutes Released by Bank of England

broker vs banks

The Bank of England's MPC meeting minutes were released this morning - showing a 9-0 vote in favour of the shock 1.5% interest rate cut earlier in November.

Worryingly, for those of you buying foreign currency, they even considered a bigger cut.

Interest rate cuts are generally bad news for the currency concerned - so further rate cuts in the UK could see Sterling fall even further.

If you need to transfer money overseas, particularly if getting the best Euro exchange rate is your priority, make sure you speak to a specialist foreign currency broker rather than leave your transaction to chance.

Company Details

Minutes Released by Bank of England

Get a quick quote

Open Account with Currencies Direct

Currencies Direct are located at:
51 Moorgate,, Greater London,, , EC2 R6BH, United Kingdom

Get a Quick Quote

Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not spam you!

Click to Watch the Latest Videos on CMT

Compare Money Transfer Testimonial

Compare Money Exchange Rates

All Rights Reserved: Copyright 2006 - 2017 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882 - Email us