Sentence examples for rate mechanism from inspiring English sources

Sterling was ejected from the Exchange Rate Mechanism shortly afterwards.

After the triumphal entry into exchange rate mechanism came the denouement of September 1992.

Then I turned against it when we were shadowing the European exchange rate mechanism".

Mr. Zhou, the central bank chief, repeated that the government would work to "improve the exchange rate mechanism".

In the aftermath of Britain's departure from the exchange rate mechanism in 1992, monetary policy was loosened aggressively and rapidly.

To prepare for the new system, currencies were to be stabilised within the European exchange rate mechanism (ERM).

In 1990, Britain joined the European exchange-rate mechanism and therefore lost control of interest rates.

Another was the pound's ignominious defenestration from the European exchange-rate mechanism in 1992.

There might be ructions in the currency markets, perhaps testing the exchange-rate mechanism.

One part of the answer is that they believed the exchange-rate mechanism to be economically and politically unsustainable.

The pound is now up at levels not seen since it left Europe's exchange-rate mechanism in September 1992.