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Titlebook: United Kingdom Monetary Policy; The Challenge for th Paul Temperton Book 1991 Palgrave Macmillan, a division of Macmillan Publishers Limite

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The Exchange Rate as a Monetary Indicator: the experience of the 1980s,hange rate. It has, however, always been one of the key factors taken into account in me assessment of monetary conditions and took on increasing importance during the 1980s. As early as 1980/81, the high and rising level of the exchange rate was taken into account when the authorities judged that m
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The Development of UK Monetary Policy, 1949 to 1990, payments deteriorated, economic policy would become more restrictive in order to moderate demand, correct the balance of payments position and hence moderate pressure on the exchange rate. In the period of correction, any balance of payments deficit was met largely by running down the official foreign exchange reserves.
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