BOE Governor Says Central Bank Ready to inject $345.93 Billion in Funds

Bank of England Governor Mark Carney said on Friday the central bank was ready to provide 250 billion pounds ($345.93 billion) of additional funds to support financial markets after Britain voted to leave the European Union.

He also said the central bank will consider whether to take additional policy responses in the coming weeks.

via Reuters

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza