gptkbp:instanceOf
|
economic crisis
|
gptkbp:announced
|
gptkb:Harold_Wilson
|
gptkbp:cause
|
balance of payments crisis
|
gptkbp:country
|
gptkb:United_Kingdom
|
gptkbp:currency
|
Pound sterling
|
gptkbp:date
|
18 November 1967
|
gptkbp:devaluedBy
|
14.3%
|
gptkbp:effect
|
increased export competitiveness
reduced value of pound sterling
imported inflation
loss of confidence in UK economy
|
gptkbp:followedBy
|
gptkb:1976_sterling_crisis
|
gptkbp:Harold_Wilson_position
|
gptkb:Prime_Minister_of_the_United_Kingdom
|
https://www.w3.org/2000/01/rdf-schema#label
|
1967 British devaluation
|
gptkbp:location
|
gptkb:United_Kingdom
|
gptkbp:mediaCoverage
|
gptkb:BBC
|
gptkbp:newExchangeRate
|
$2.40 per £1
|
gptkbp:notableQuote
|
'This does not mean that the pound here in Britain, in your pocket or purse or in your bank, has been devalued.'
|
gptkbp:precededBy
|
1949 British devaluation
|
gptkbp:previousExchangeRate
|
$2.80 per £1
|
gptkbp:relatedTo
|
gptkb:Bank_of_England
gptkb:International_Monetary_Fund
|
gptkbp:bfsParent
|
gptkb:devaluation_(1967)
|
gptkbp:bfsLayer
|
7
|