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The 1967 sterling devaluation (or 1967 sterling crisis) 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, [1] but originated in the balance of payments crises of the preceding Conservative government. [1]
After failing to secure a bail-out from the Americans or the French, a devaluation from US$2.80 to US$2.40 took effect on 18 November 1967. [18] [16] In a broadcast to the nation the following day, Wilson said, "Devaluation does not mean that the value of the pound in the pocket in the hands of the … British housewife … is cut correspondingly.
This list may not reflect recent changes. Pound sterling; 0–9. 1967 sterling devaluation; B. Banknotes of the pound sterling; List of British currencies; L.
This list may not reflect recent changes. 1967 in the United Kingdom; 1967 in Wales * 1967 in Northern Ireland; 0–9. 1967 sterling devaluation; B. The Beatles in ...
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Date Book Author January 1: The Secret of Santa Vittoria: Robert Crichton: January 8 January 15 January 22 January 29 February 5 February 12 February 19 February 26 March 5 March 12 March 19 March 26: The Arrangement: Elia Kazan: April 2 April 9 April 16 April 23 April 30 May 7 May 14 May 21 May 28 June 4: The Eighth Day: Thornton Wilder: June ...
In the first printed issue of the novel, the word 'Decides' was misprinted as 'Decided', and the word 'saw' is mistyped as 'was' on page 57.
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