The U.K.'s central bank has suspended an employee as part of its investigation into alleged manipulation of the currency markets.
The Bank of England said in a statement that there had been no evidence so far that its staff had colluded in manipulation of the foreign exchange markets - but added it has suspended a member of staff as part of its "rigorous internal control processes."
The news is a further blow for the Bank after public criticism of its role in the Libor-rigging scandal.
It comes after reports that traders, who have been since arrested amid allegations of rigging the currency markets by sharing information, were told in a meeting with Bank of England officials that sharing customer orders was allowed.
The Bank has refused to comment on the allegations. Official minutes of the meeting state: "There was a brief discussion on extra levels of compliance that many bank trading desks were subject to when managing client risks around the main set-piece benchmark fixings."
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