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Europeans' currency system shaken as Britain cuts free.

Authors :
Stevenson, Richard W.
Source :
New York Times. 9/17/92, Vol. 141 Issue 49092, pA1.
Publication Year :
1992

Abstract

Reports that, after a futile try at defending the value of the pound, Britain dropped at least temporarily out of the European Monetary System, leaving the program of economic coordination in tatters. British efforts; Struggle in Italy and Sweden. (Related article on page D9: In politics and finance, a devaluation is costly, by William E. Schmidt.)

Subjects

Subjects :
*FOREIGN exchange

Details

Language :
English
ISSN :
03624331
Volume :
141
Issue :
49092
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
9210191056