LONDON: The Bank of England will take “all necessary steps” to ensure monetary and financial stability after Britain’s decision to leave the European Union, it said Friday.

“The Bank of England (BoE) is monitoring developments closely,” it said in a brief statement following Thursday’s referendum vote.

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

“The BoE will take all necessary steps to meet its responsibilities for monetary and financial stability.” –AFP

Read More : http://www.nst.com.my/news/2016/06/154327/bank-england-take-all-necessary-steps

-NST