Crisis in European Exchange Rate Mechanism

Title

Crisis in European Exchange Rate Mechanism

Genre

News report; Interview

TX Date

2 Aug 1993

Year of production

1993

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Duration

00:03:46

Description

Oni Bhattacharya reports with reaction on the negotiations over saving the European Exchange Rate Mechanism, which only really continues in name; if monetary union will ever work; chances now of a single European currency; and the impact on UK interest rates. Includes interviews with Julian Simmons of City Bank; former Chancellor Norman Lamont; Ruth Lee, chief economist, Mitsubishi Bank; David Curry, London Business School; Steve Barlow from Chemical Bank; Ulrich Beckmann, Deutsche Bank; Chancellor Kenneth Clarke.

Contributors

Norman Lamont; Kenneth Clarke; David Curry; Oni Bhattacharya; Ruth Lee; Julian Simmons; Steve Barlow; Ulrich Beckmann

Keywords

Treaties; European union; Exchange rates; Europe; Currencies; Single currency (Europe); International monetary systems; Maastricht Treaty

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