Exact(1)
In the event, Mr George and his committee raised the base rate by a quarter of a percentage-point, to 6.75%.The financial markets expected interest rates to rise; currency traders bid up sterling to a five-year high in anticipation.
Similar(59)
And it is all in keeping with India's approach to a rising currency.
A rising currency also stems inflation — a major preoccupation of the Fed before the latest crisis.
A rising currency has come as a shock and Britons are not so sure they like it.
Countries with overheating economies need to tighten monetary conditions, either through higher interest rates, a rising currency, or both.
Rising currency values in Europe helped sales jump 14percentthethe biggest gain in more than five years, to $1.97 billion.
After radical fiscal and labour-market reforms five years ago, Slovakia enjoys booming inward investment, strong export growth, rising domestic demand and a rising currency.
Ontario is Canada's hobbled manufacturing heartland, which has suffered not just from relative economic stagnation but also from a rising currency.
That's because the exporters' goods are cheaper and because a rising currency often coincides with robust economic growth, so consumers have more money in their pockets.
Other economists were more cautious, saying that the nation would face pressures including high oil prices, a rising currency and a weaker American economy.
Its citizens have accepted severe wage restraint without the former benefit of a rising currency, leading to negligible gains in consumer welfare.
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