Investing.com - The Bank of England kept its benchmark interest rate unchanged in November and announced no change to its asset purchase facility program, it said on Thursday.
The BoE said it was holding the benchmark interest rate at 0.50%, in a widely expected move.
The central bank also said it was to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375 billion.
The minutes of the meeting of the central bank’s monetary policy committee will be published on Wednesday, November 19.
Minutes of the central bank's October policy meeting showed that Martin Weale and Ian McCafferty voted for a 0.25% hike in the benchmark rate to 0.75% for the third consecutive meeting.
GBP/USD was trading at 1.5952 from around 1.5958 ahead of the announcement, while EUR/GBP was at 0.7846 from 0.7845 earlier.
Meanwhile, European stock markets were mixed. London’s FTSE 100 shed 0.1%, the DJ Euro Stoxx 50 tacked on 0.2%, France's CAC 40 rose 0.2%, while Germany's DAX picked up 0.3%.