| Delayed 05:00:00 2024-07-12 pm EDT | 5-day change | 1st Jan Change | ||
| 0.7701 GBX | -0.48% |
|
-1.37% | -1.97% |
| Jul. 11 | Pound hits four-month high on upbeat British GDP, hawkish chief economist | RE |
| Jul. 11 | Dollar adrift ahead of US inflation test; sterling firms | RE |
LONDON (Reuters) - Time lags in re-valuing assets to reflect higher interest rates and difficulties in selling the assets quickly have increased the risks from private credit used by companies for funding, a Bank of England official said on Monday.
"If material enough, these risks materialising could trigger a broader reduction in risk appetite that spills over to UK financial stability through financial markets, impacting on financing conditions for UK businesses," Lee Foulger, BoE director of financial stability, told a conference.
(Reporting by Huw Jones, Editing by Louise Heavens)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 0.8398 GBX | -0.19% | -0.70% | - | ||
| 0.7701 GBX | -0.48% | -1.37% | - | ||
| 0.5648 GBX | -0.56% | -1.33% | - | ||
| 0.5218 GBX | -0.35% | -0.87% | - | ||
| 0.009219 GBX | -0.04% | -2.13% | - | ||
