Example sentences of "fixed [noun] rate [prep] the " in BNC.
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| 1 | So long therefore as the central country of the Bretton Woods system pursued responsible policies , fiscal deficits in a peripheral country such as the United Kingdom generated balance of payments problems for that country , and any government seriously committed to maintaining a fixed exchange rate on the US dollar found its freedom to run such deficits severely curtailed by the commitment . |
| 2 | Although the domestic authorities do not have the immediate problem of defending a fixed exchange rate under the present system , the external situation has still had an overriding influence on most countries ' domestic policies , as was indicated by UK experience during most of the 1970s and the late 1980s . |
| 3 | This could have forced us to accept fixed exchange rates for the pound , restricting industrial growth and so putting jobs at risk . |
| 4 | Some of us remember the times of fixed exchange rates under the Bretton Woods system when we used to hear in the House details of public expenditure cuts , of how we had to let go a great deal of our reserves , and of high interest rates — all at once . |
| 5 | ‘ He was still prepared enough to face reality to reorganise his own mortgage so he got a fixed interest rate for the next three years . |