| Description | Includes papers regarding the domestic monetary consequences of inflows; relaxations of exchange control, including a letter from the Chancellor of the Exchequer to the Prime Minister, 19th October 1977; the abolition of the 25% requirement as of 1st January 1978, including contingency exchange control notice EC7; the European Economic Community (EEC) and the liberalisation of capital movements, including minutes of a meeting between the EEC Commission, HM Treasury and the Bank, 9th November 1977; and Lord Terrington further question to Government on the 25% rule. Indexed. |