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Governor of the Bank of England

Bank of England Governor Mervyn King Confirms Weak Pound Strategy

September 24, 2009September 24, 2009 by Dr. Duru

“That rebalancing of the UK economy that I have been talking about for about 10 years, is very necessary. I think the fall in the exchange rate that we have seen will be helpful to that process but there’s no doubt that what we need to see now is a shift of resources into net … Read more

Categories ForexTags British pound, currency, current account imbalance, devaluation, export strategy, FXB, Governor of the Bank of England, Mervyn King, U.S. Dollar5 Comments

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