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gptkbp:instanceOf
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economic crisis
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gptkbp:announced
|
gptkb:Sir_Stafford_Cripps
|
|
gptkbp:category
|
gptkb:History_of_the_United_Kingdom
Currency devaluation
1949 in economics
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|
gptkbp:cause
|
balance of payments crisis
post-war economic difficulties
|
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gptkbp:country
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gptkb:Belgium
gptkb:Denmark
gptkb:Finland
gptkb:France
gptkb:Ireland
gptkb:Netherlands
gptkb:Norway
gptkb:Portugal
gptkb:Sweden
gptkb:United_Kingdom
|
|
gptkbp:currency
|
gptkb:Danish_krone
gptkb:Swedish_krona
gptkb:Norwegian_krone
gptkb:Belgian_franc
gptkb:Dutch_guilder
gptkb:Finnish_markka
gptkb:French_franc
gptkb:Irish_pound
gptkb:Portuguese_escudo
Pound sterling
|
|
gptkbp:date
|
September 18, 1949
|
|
gptkbp:effect
|
reduction in value of pound sterling by 30.5%
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
devaluation (1949)
|
|
gptkbp:impact
|
inflationary pressures
boosted exports
increased import costs
|
|
gptkbp:mediaCoverage
|
gptkb:BBC
|
|
gptkbp:opposedBy
|
gptkb:United_States
|
|
gptkbp:relatedEvent
|
gptkb:Marshall_Plan
gptkb:Bretton_Woods_system
devaluation of 1931
|
|
gptkbp:supports
|
gptkb:International_Monetary_Fund
|
|
gptkbp:UK_exchange_rate_after
|
$2.80 per pound
|
|
gptkbp:UK_exchange_rate_before
|
$4.03 per pound
|
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gptkbp:bfsParent
|
gptkb:devaluation_(1967)
|
|
gptkbp:bfsLayer
|
7
|