Ads
related to: 1967 sterling devaluation value pack set list of books by date
Search results
Results From The WOW.Com Content Network
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 a brief period in which the deflationary measures relieved sterling, pressure mounted again in 1967 as a consequence of the Six-Day War, the Arab oil embargo and a dock strike. [17] 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.
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.
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 ...
The UK government devalued the pound sterling in November 1967 from £1 = $2.80 to £1 = $2.40. This was not welcomed in many parts of the sterling area, and, unlike in the 1949 devaluation, many sterling area countries did not devalue their currencies at the same time. This was the beginning of the end for the sterling area.
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 ...
Pages in category "1967 books" The following 24 pages are in this category, out of 24 total. This list may not reflect recent changes. ...
1967 was a common year starting on Sunday of the Gregorian calendar, the 1967th year of the Common Era (CE) and Anno Domini (AD) designations, the 967th year of the 2nd millennium, the 67th year of the 20th century, and the 8th year of the 1960s decade.