| Author (Person) | Norman, Peter |
|---|---|
| Series Title | Financial Times |
| Series Details | 25.1.01 |
| Publication Date | 25/01/2001 |
| Content Type | News |
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On 24.1.01, the European Commission urged Britain to join the European Union's exchange rate mechanism (ERM) to ensure a more stable exchange rate for the pound. In its assessment of the UK's convergence programme for 2000-2005, the Commission noted a decline in sterling's volatility in recent years. But it remained unconvinced that government policy had delivered a stable exchange rate. |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | United Kingdom |
