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Former BOE governor King says “Don’t panic” on pound pandemonium

ByMike Paterson

Jun 28, 2016

Former BOE governor Mervyn King speaking to Bloomberg 28 June
– GBP effective rate only where it was 3 years ago
– it’s not clear whether UK will suffer recession

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  1. Shanghai Dollar-denominated B-Share Index up 9 Pct, Biggest One-Day rise Since Nov 2009
  2. Poland Eyes Final Pricing of Mid-Swaps Plus 37bp on Chf350m Plus Bond – Lead
  3. GBP/USD: upside appears limited – ANZ
  4. USD/JPY could re-visit 120.85/75 – Commerzbank

By Mike Paterson

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