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Sterling fell to the session's low at $1.5545 after the official's remarks, from a starting value of $1.5590, reports Reuters.
The currency had rallied slightly by 10:09 BST and Forex traders were working to a price of $1.5587 - little changed on the day.
Speaking of the Treasury Select Committee, the Bank boss said debate in the body related to the "appropriate degree of stimulus", rather than "applying the brakes" on British economic recovery, the news agency reveals.
Euro gains took the single European currency to 83.68p, before settling at 83.52p later in the morning.
At the beginning of the session, sterling reached a five-month high against the dollar, showing continuing buoyancy following strong economic data released over the past few days.
Posted by Greg Secker








