Bruised British pound shows signs of resilience

Steady pound: The British currency dropped last week after BoE cut interest rates but it is about 2.4 higher than the 31-year low reached in the aftermath of Britain’s vote to exit the European Union in June. – EPA

Analysts forecast bounceback in the currency in 2017

LONDON: Mark Carney's stimulus package dealt the pound more of a glancing blow than a knockout punch.