Sterling extends gains vs dollar ahead of BoE meeting
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LONDON (Reuters) - Sterling extended gains against the dollar on Thursday, before an expected show of support for the British economy from the Bank of England and the government to limit the economic hit from the coronavirus outbreak.The BoE, which made two emergency rate cuts and ramped up its bond-buying programme this month, publishes its latest monetary policy statement at 1200 GMT.It is expected to hold fire on further action for now but stress it is ready to do more - probably by expanding..