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2024

Bank of England maintains benchmark rate at 5.25 pct

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LONDON, June 20 (Xinhua) -- The Bank of England (BoE) has held its benchmark interest rate at 5.25 percent, the United Kingdom's (UK) central bank said in a statement on Thursday.

This is the seventh time in a row that the central bank has decided to maintain this rate.

At a meeting on Wednesday, the BoE's Monetary Policy Committee (MPC) voted by a majority of seven to two to maintain the rate. Two member