BBC1, Sunday 22 February 1981

Page 129 TimeCode 0000


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   P129  D@F@X 129  Sun 22 Feb  20:02/15
                                        
                                        
                                        
                                        
                                        
                                        
                                        
                                        
 dollar widely lower.                   
                                        
 Already unsettled by the Bundesbank's  
 sudden credit squeeze, it fell steeply 
 in terms of most Europdan currencies,  
 giving up three pfenVHgs ac-hlst the   
 Deutsche Mark, six cents against the   
 Swiss franc, and 13 cents !f-hnst a    
 French franc bolstdred by an optimistic
 forecast from the country's employers. 
                                        
 Sterling, helped by the Ehlers' bacU 
 to-work decision, rose 2.5c to $2.3100.
                                        
 EXCHANGE RA    135 
                                        
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