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The pound fell to $1.5619 following the announcement, while it was previously set at $1.5680, Reuters reports.
According to the news provider, the document suggested further monetary stimulus may be required as there was a vote of 8:1 in favour of a record-low 0.5 per cent remaining in place.
In addition, the minutes revealed that members are becoming more concerned about the economy's growth outlook.
Reuters noted that this is "despite worries that persistently high inflation would become embedded in consumer psychology and thought that the chances of more stimulus being needed had gone up".
Moreover, the euro picked up against the pound rising to 85.05 pence from around 84.65 pence.
Earlier this morning and before the minutes were released, sterling rallied against the dollar - and the euro slipped down by 0.1 per cent, the news provided stated.
Posted by Greg Secker








