Bank of England maintains benchmark rate at 5.25 pct
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