| Level | Item |
| Reference Number (click to see whole series/group) | OV44/140 |
| Extent | 1 file |
| Title | STERLING AND STERLING AREA POLICY: DEVALUATION - F.U. INCLUDING WAR BOOK |
| Date | 15 Nov 1967 - 31 Dec 1967 |
| Description | Contingency planning for sterling devaluation, including secret Treasury/Bank 'F.U.' Committee. Informing overseas governments. International Monetary Fund (IMF) drawing and standby. Central Bank support. Outline of Bank arrangements. Governor's account of 18-19 November 1967. Offers of support. Sterling devalued from 2.80 dollars to 2.40 dollars = £1 on 18 November 1967. New York banks. External reactions. |
| Original Reference | CBP802_13v9 |
| Keyword | FU |