#1967_sterling_devaluation
1967 sterling devaluation
1967 sterling crisis
The 1967 sterling devaluation was a devaluation of sterling from $2.80 to $2.40 per pound on 18 November 1967. It ended a long sterling crisis that had started in 1964 with the election of Labour in the 1964 general election, but originated in the balance of payments crises of the preceding Conservative government.
Wed 26th
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