Example sentences of "the exchange rate " in BNC.
Next page| No | Sentence |
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| 1 | Imported cutlery is also bought in American dollars and , while the exchange rate of sterling to the dollar was very favourable for Britain last year , it has dropped considerably in the past six months , making imported cutlery more expensive to buy . |
| 2 | Labour 's hand on inflation would be strengthened if its leader were able to announce that it now supported early British entry into the exchange rate mechanism of the European monetary system . |
| 3 | During the sovereignty negotiations of 1982-84 , for instance , social order had shown its most serious signs of fragmenting when , in the autumn of 1983 , accelerating speculation against the Hong Kong dollar sent the exchange rate into free fall . |
| 4 | Mr Kinnock predicted that by 1992 and the advent of the single European market , the pound would be part of the exchange rate mechanism of the European Monetary System . |
| 5 | Pound peg The second option was obviously the more attractive , for it pegged this latest rise to 15 per cent base rates firmly on the exchange rate . |
| 6 | Reaction to the latest rise makes it clear that everyone is watching out for another eruption of internal discord on the exchange rate between Sir Alan Walters in Downing Street , and Mr Lawson in the Treasury . |
| 7 | Nigel Lawson rightly wanted to join the exchange rate mechanism two years ago — as did Sir Geoffrey Howe . |
| 8 | That would require three decisions : the restoration of targeting of M4 , the use of government funding to control the quantity of money , and immediate British entry to the exchange rate mechanism of the EMS . |
| 9 | The charge is that he allowed domestic inflation to get out of control and messed around with the exchange rate when he should have been applying the monetarist remedy . |
| 10 | Partly as a result , there was growing market speculation yesterday that the Prime Minister might reconsider her strong objections to sterling 's membership of the exchange rate mechanism of the European Monetary System . |
| 11 | Instead of his high interest rate policy , the pound should be allowed to fall but then , the Mail added , Britain should join the exchange rate mechanism of the European Monetary System . |
| 12 | We could accept a lower parity as part of a decision to join because it would be coupled with the disciplines of the exchange rate mechanism . ’ |
| 13 | The main problem with this argument is the consequence of a current account deficit for the exchange rate . |
| 14 | To prevent this from depressing the exchange rate , £20bn of extra capital inflow has to be forthcoming . |
| 15 | Accordingly the exchange rate will fall until they are forthcoming . |
| 16 | He believes that the exchange rate is relevant to the control of inflation and indeed has gone to great lengths to show it , including raising interest rates in an attempt to stop the pound from falling . |
| 17 | Given his concern with the exchange rate , the argument does not stand up to analysis . |
| 18 | Britain should enter the Exchange Rate Mechanism of the European Monetary System immediately . |
| 19 | The Government would be well advised to choose to direct its monetary policy either towards domestic monetary conditions or to the exchange rate . |
| 20 | Targeting both the money supply and the exchange rate would be daft since the Government has only one effective instrument available , the level of interest rates . |
| 21 | Commenting on the falling pound , he said : ‘ We could accept a lower parity as part of a decision to join because it would be coupled with the disciplines of the exchange rate mechanism . |
| 22 | Britain should then join the exchange rate mechanism of the European Monetary System , which Mrs Thatcher keeps promising to do when the time is ripe . ’ |
| 23 | Because Britain is already an EMS member , no legal changes are required for joining the exchange rate mechanism . |
| 24 | The tricky economic and political question is the exchange rate at which the pound would join the ERM . |
| 25 | Sterling 's dramatic weakness in recent days has reawakened speculation in financial markets that the Government will not be able for much longer to resist joining the Exchange Rate Mechanism ( ERM ) of the EMS , the system of semi-fixed exchange rates to which most members of the European Community belong . |
| 26 | Mr Lawson 's mistake was that when formal monetary targeting broke down because of the impossibility of finding any measure of money which bore an accurate relationship with nominal demand , he thought that he could use the exchange rate as an informal target . |
| 27 | He also hoped that success would build an unanswerable case for membership of the exchange rate mechanism of the European Monetary System , which he believed had become vital . |
| 28 | The first was that because the exchange rate target was not explicit it was ultimately not credible . |
| 29 | The Chancellor provided no clue on whether any policy change was in prospect during his address , but when asked about joining the exchange rate mechanism of the EMS on the BBC 's Newsnight programme he said : ‘ I have no new announcement to make about that , neither today nor indeed at the Mansion House ’ — referring to his annual speech on monetary policy and City issues at a banquet there next Thursday night . |
| 30 | Britain has an annual trade deficit of around £8bn with West Germany and Mr Pohl 's comments could be relevant to Britain if the Government decided to join the exchange rate mechanism . |