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BoE holds rate at 3.75%
Financial Express Delhi
|March 20, 2026
THE BANK OF England held its main interest rate at 3.75% on Thursday in the wake of the oil and gas price hikes following the start of the Iran war.
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The decision was widely anticipated after the US and Israel started bombing Iran less than three weeks ago. All nine members of the Monetary Policy Committee voted to keep borrowing costs on hold.
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