(Bloomberg) -- The pound rallied to its highest since 1981 after minutes of the Bank of England's latest meeting of policy makers showed two of them voted for an immediate quarter point increase in interest rates.
The pound touched $2.0133 after the minutes showed Timothy Besley and Andrew Sentance voted to increase rates, while the other 7 members of the committee voted to keep rates unchanged this month. Ten out of 22 economists in a Bloomberg News survey predicted a three-way split among the Monetary Policy Committee members. Noone forecast the decision to keep the benchmark rate at 5.25 percent this month would be unanimous.
Read more at Bloomberg Currencies News
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