1967 devaluation of the pound
GPTKB entity
Statements (20)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:announced |
gptkb:Harold_Wilson
|
| gptkbp:cause |
balance of payments crisis
|
| gptkbp:Chancellor_of_the_Exchequer_at_time |
James Callaghan
|
| gptkbp:country |
gptkb:United_Kingdom
|
| gptkbp:currency |
Pound sterling
|
| gptkbp:date |
18 November 1967
|
| gptkbp:devalued_by |
14.3%
|
| gptkbp:followedBy |
gptkb:1976_sterling_crisis
|
| https://www.w3.org/2000/01/rdf-schema#label |
1967 devaluation of the pound
|
| gptkbp:IMF_involvement |
gptkb:International_Monetary_Fund_loan
|
| gptkbp:impact |
increase in export competitiveness
loss of international confidence in pound rise in import prices |
| gptkbp:new_exchange_rate |
$2.40 per £1
|
| gptkbp:precededBy |
gptkb:1949_devaluation_of_the_pound
|
| gptkbp:previous_exchange_rate |
$2.80 per £1
|
| gptkbp:Prime_Minister_at_time |
gptkb:Harold_Wilson
|
| gptkbp:bfsParent |
gptkb:Sterling_crisis
|
| gptkbp:bfsLayer |
7
|