BoE says will take all necessary steps to secure monetary, financial stability
Fri Jun 24 2016
Rachel Long (448 articles)

BoE says will take all necessary steps to secure monetary, financial stability

LONDON, June 24 The Bank of England said on Friday it would take all necessary steps to secure monetary and financial stability after Britain voted to leave the European Union.

 

“The Bank of England is monitoring developments closely,” it said in a statement.

“It has undertaken extensive contingency planning and is working closely with HM Treasury, other domestic authorities and overseas central banks.”

(Reporting by Ana Nicolaci da Costa; Editing by Alison Williams)

Rachel Long

Rachel Long

Rachel Long is our Desk Correspondent covering Stock Markets across the globe. She is based in New York