In accordance with the predictions of economists, as a result of meeting of the monetary policy of the Bank of England, the value of the interest rate remained unchanged at 0.5%. The fall of the British currency against the euro and the dollar, which followed the publication of decisions of MPC, is due to report that the Bank of England intends to increase the volume of buying up assets in the quantitative easing to 50 billion pounds sterling. The aim of these measures is still an attempt to revive the economy. The reason, according to market observers, is the lack of effect of the measures already taken by the CBR.
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