UK pound edges above the $2 level

[gkd_uk]

The pound has risen briefly above $2 - close to record highs - as investors expect an interest rate rise in July.
In early trade in Europe, one pound touched $2.0006, almost reaching May's 26-year high of $2.013 dollars.

Bank of England minutes released last week showed that the main rate-setting committee voted five members to four to freeze rates at 5.5% in June.

Analysts said this makes an interest rate rise to 5.75% in July a near certainty, in a bid to beat inflation.

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[temi]

Whao, time to stock up on American stuff

 

[bochgoch]

Double wammy for me -- most of my online income is paid in $ & interest rate rises cost me dearly on my properties ... just have to work harder

 

[midlandi]

This is great news for us Brits buying...but man its killed sales figures.

 

[Humous]

This is great news for us Brits buying...but man its killed sales figures.

I did wonder why your site Midland Internet Hosting (assuming that is you of course) charges in dollars?

Humous

 

[temi]

All my major sites change in GBP so I am not affected at all.