Pound depreciates following statistics from the UK

Pound depreciates following statistics from the UK

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The British pound shows a decline against other major currencies after the unexpected increase in unemployment.

Pound to 14:45 MSK fell to $ 1,666 from $ 1,672 , recorded before the release of statistics. On Tuesday, the price of the British currency was $ 1.6683 .

Unemployment in the UK rose unexpectedly IV quarter and stood at 7.2 %. This is 0.1% higher than in the III quarter , when it was recorded with a minimum of 2009

However, the number of Britons receiving unemployment benefits fell in January 2014 to 27.6 thousand , according to a report by the National Statistical Office of the country.

Data were better than expected . Analysts polled by Bloomberg, had expected a decline by only 20 thousand

Bank of England is closely monitoring the situation on the labor market . Previously, Mark Carney has repeatedly promised not to raise interest rates until the unemployment rate until it reaches the level of 7%.

However, after the sharp fall in the level of unemployment in the country, the Bank of England officials changed their strategy . Under the policy of publication of further action they promised to make decisions on interest rates , pushing not only on the performance of the labor market , but also a larger number of indicators for the UK economy.

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