STERLING DEVALUATION

Year:1967 Issue:49

Column: ROUND THE WORLD

Author:

Release Date:1967-12-01

Page: 37-40

Full Text:

Chaos AheadThe Wilson government's devaluation of the pound by 14.3 per cent (the official rate of exchange has been reduced from U.S. $2.80 to 2.40) is a result of the rapid deterioration of...

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