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Pound in sentence

391 examples of Pound in a sentence

Of course they were told that there was no intention of abandoning Britain’s link to gold, and that the strong pound represented a deep and long commitment (in the same way that US Treasury Secretary John Snow today affirms the idea of a “strong dollar”).
The last challenge can be stated as a question that is rarely posed: Is China’s political system an obstacle to renminbi internationalization?The pound sterling and the dollar, the principal international and reserve currencies of the nineteenth and twentieth centuries respectively, were issued by democracies.
As it stands, that basket comprises the euro, the Japanese yen, the British pound, and the US dollar.
The remainder was largely split between the British pound and the Soviet ruble.
LONDON – On September 16, 1992, a date that lives in infamy in the United Kingdom as “Black Wednesday,” the Bank of England abandoned its efforts to keep the British pound within its permitted band in the European exchange-rate mechanism.
Britain can reduce its current-account deficit by causing the British pound to weaken relative to the dollar and the euro, which the French, again, cannot do without their own currency.
Pound for pound, these “super pollutants” cause much more warming than CO2.
The financial-market rules established after 1933 by President Franklin Roosevelt’s New Deal enabled the dollar to replace the British pound at the center of the international system.
A Meeting of Minds on HIV/AIDSGENEVA – An ounce of prevention, Benjamin Franklin famously said, is worth a pound of cure.
Those who prefer to remain in the UK cite a loss of markets, possible loss of the pound sterling, and reduced significance on the European and world stage.
Of course, a single short seller cannot “make” the price of an asset (unless he is George Soros, whose famous bet against the British pound in 1992 made him a billionaire and forced Britain out of the European exchange-rate mechanism).
The Campaign for Fair Food’s agenda is to persuade every major tomato purchaser to sign on to the Fair Food Program, which, for a small premium – a penny per pound – changes the lives of workers and their families’ substantially.
The Bank of England stood ready to convert a pound sterling into an ounce of (11/12 fine) gold on demand.
Yet pound sterling continued to be a major world currency until well after World War II.
According to a study conducted by the former Indian government minister Arun Shourie, the price of uranium could rise to $140 per pound, close to its record high.
In the early 1990’s, Prime Minister John Major negotiated an opt-out from the Maastricht Treaty’s provisions on monetary union, but was proud that the pound was a stable and – as he saw it – central part of the EMS.
In September 1992, a speculative attack on the pound led to Britain’s departure.
With the Greek government thus failing to push through structural reforms, it was unable to earn the trust of its creditors; and, skeptical that the government was committed to reform, the troika demanded a pound of flesh, in the form of front-loaded austerity, as the price of assistance.
The country was running a current-account surplus, but the pound was slipping against the dollar, causing the Bank of England to sell its dollar reserves to defend the fixed exchange rate.
Because in 1976, the IMF said to the cabinet, ‘You cut four billion pounds off your public expenditure or we will destroy the value of the pound sterling.’”
In the nineteenth century, the stable hegemon was the United Kingdom, with the British Empire imposing the global public goods of free trade, free capital mobility, the gold standard, and the British pound as the major global reserve currency.
Some argue that exchange-rate depreciation will narrow the trade deficit by making British exports more competitive, but the experience of 2008, when the pound also fell sharply, is that the impact on the external deficit may not be great.
The euro zone should therefore offer the UK an honorable compromise in which Britain would be allowed to become a full member of the EMU and take a seat in all of its institutions like the European Central Bank and the ministerial Eurogroup, while also being able to keep the pound in its relations with third countries.
The euro would, however, have to be accepted as legal tender in the UK, alongside the pound, and in the commonwealth countries, and this would demand close cooperation between the Bank of England and the ECB.
Stockholders insist on getting their pound of flesh.
Merely setting a dollar (or pound or euro) target for budget cuts is far less effective, because the target can easily be revised – and cuts reversed – to avoid political pain.
The question of whether an independent Scotland could or should continue to use the British pound has dominated discussions over the last few months of the referendum campaign.
So far, Scottish nationalists have insisted that an independent Scotland would retain the pound.
But the revival of confidence in the financial sector has caused the pound to rebound sharply (by 18% since the end of 2008), eroding the UK’s competitiveness gain.
The alternative to retaining the pound, however, presents its own challenges.
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