Behind Currency Turmoil

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Vol. 27, Issue No. 38, 19 Sep, 1992

Updated on 19 September 1992

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Uncategorised

Vol. 27, Issue No. 38, 19 Sep, 1992

Updated on 19 September 1992

Behind Currency Turmoil

Behind Currency Turmoil WHAT does one make of the tremors in the European exchange markets? The Italian lira has been formally devalued by 7 per cent. Britain chose not to formally devalue the sterling. Instead, it opted to temporarily 'suspend

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