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Pound in sentence

391 examples of Pound in a sentence

The alternative for a fully sovereign Scotland would be to continue using the pound without retaining any influence over interest rates or the exchange rate.
This was the path taken by the Irish Free State (later the Republic of Ireland), which used the sterling-pegged “Irish pound” (the punt) for several decades.
Every five years, the IMF reconsiders its composition, which currently is defined in terms of the dollar, euro, yen, and pound.
But he never stopped being that yehudi, that ordinary Jew, that survivor whose heart would pound as he passed through customs in New York or Paris.
The commitment to keep the pound close to the Deutsche Mark impelled the Bank of England to keep interest rates high, leading to the 1991 recession.
In September 1992, on Black Wednesday, the pound sterling and the Italian lira fell out of the ERM as money markets bet against the survival of what the Conservative peer Norman Tebbit once ridiculed as the “eternal recession mechanism.”
But following Labour’s victory in 1997, Prime Minister Tony Blair was keen to bring the euro to Britain and was prevented only by Chancellor of the Exchequer Gordon Brown’s tactical procrastination and eventual refusal to give up the pound.
During that audacious upswing, when even Greece was growing at 5% per year, a euro-denominated UK would have proceeded more or less as it did under the pound all the way to the 2007-2008 financial crisis.
The pound initially fell sharply, and then recovered, while long-term government borrowing rates have risen by around 30 basis points.
Many Britons recently returned from vacationing in the European sun to discover that their pound buys them much less than it used to: the euro in their pocket is now worth £0.92 ($1.19), up from £0.70 before the Brexit vote.
And, according to some traders, the pound will continue its decline this fall, and could reach parity with the euro before long.
It continues to pound on one theme alone: that Argentina's economic crisis is the result of fiscal profligacy, the result of a government living beyond its means.
Previously, the SDR had been defined as a weighted average of the dollar, euro, British pound, and Japanese yen.
The Irresistible Rise of the RenminbiSEOUL – By the end of this year, the International Monetary Fund will decide whether the Chinese renminbi will join the euro, the Japanese yen, the British pound, and the US dollar in the basket of currencies that determines the value of its international reserve asset, the Special Drawing Right (SDR).
Chile has been hit by the remarkable decline in copper prices, with prices falling from around $1.30 per pound to the current $0.61 per pound.
It took many decades and two world wars before the British pound lost its super-currency status.
Americans spend on average 40% of their free time watching television, making TV the "800 pound gorilla of leisure time".
But in other cases the opposite happens, for example when the euro and the pound both strengthened after their central banks began quantitative easing.
As though it were second nature in French culture, the director presented Shylock's attempt to collect his pound of flesh by recalling the image of the crucifixion.
For twenty years after WWII, there were just two major international currencies, as there had been through the interwar period: the British pound and the American dollar.
By the end of the 1960's, the pound had been so weakened that international markets lost interest.
When it comes to climate risk, an ounce of prevention is worth a pound of cure.
The United Kingdom, which had a central bank and at the same time pegged its currency, experienced a major foreign exchange crisis in late 1967, when the pound was pegged to the U.S. dollar, and again, this time along with France, Italy and other members of the European Monetary Union in 1992 and 1993, when the peg was not to the dollar but at rates agreed to under the European Monetary System.
The real danger is that their selection will not be those targets that could do the most good per dollar, pound, rupee or peso spent, but those that have the most media appeal, NGO attention, or corporate interest.
The American dollar soared, the Japanese yen went into orbit, the euro fell to earth, and the British pound crashed, leaving a giant crater.
“An ounce of prevention is worth a pound of cure” applies with particular force to issues of monetary policy.
When the International Monetary Fund announced in December that the renminbi would join the US dollar, the British pound, the euro, and the Japanese yen in the currency basket underlying its unit of account, the Special Drawing Rights basket, the decision was clearly political.
Even the shares of the Japanese yen and the British pound, though very small, are still higher than that of the renminbi.
While some still believe that the taxpaying public might be persuaded to spend an additional "penny in the pound" (i.e., 1% of tax) of income tax to keep higher education going, most know that this path can be ruled out for general economic as well as political reasons.
If people act on this belief by saving every extra pound, dollar, or euro that the government puts in their pockets, the extra government spending will have no effect on economic activity, regardless of how many resources are idle.
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