Example sentences of "[verb] up the pound " in BNC.
Next pageNo | Sentence |
---|---|
1 | Only by raising loans in New York and Paris could the Bank of England prop up the pound ; but foreign bankers were unwilling to risk their money unless the British Government balanced its budget . |
2 | Her comments on interest rates had little impact on financial markets but they appeared to underscore the Government 's commitment to holding up the pound . |
3 | Ripe time Assuming Mr Lawson has achieved a respectable fall in inflation , the time then really would be ‘ ripe ’ for full membership of the European Monetary System , since this would tend to drive interest rates down while holding up the pound . |
4 | Propping up the pound is like trying to get water to run uphill . |
5 | And it will take years to rebuild our Reserves of foreign currency which were frittered away propping up the pound . |
6 | His reckless stance cost Britain a BILLION pounds propping up the pound and may well yet force up interest rates . |
7 | Q What is meant by propping up the pound ? |
8 | Yet we can not have a cut because interest rates are now set , not according to the needs of our domestic economy , but for the sole purpose of propping up the pound in its ERM band , thus prolonging the recession . |
9 | They showed no qualms in spending £3 billion in a futile attempt to prop up the Pound . |
10 | IT 'S astonishing that our government did n't admit that the German bank spent £17 billion trying to prop up the pound and the Italian lira during the recent crisis . |
11 | The City fears a Bank Rate rise to prop up the pound if the French vote no to the Maastricht treaty on Sunday . |
12 | There 's the case of the £10 billion wasted trying to prop up the pound . |
13 | As the Bank of England poured in £10 billion to prop up the pound , the four big banks — Natwest , Barclays , Midland and Lloyds — and insurance giants the Pru were busy coining it by speculating . |
14 | Mr Smith rammed home the lunacy of gambling away ONE THOUSAND MILLION POUNDS trying to prop up the pound when the money could have done so much good at home . |
15 | MR SMITH savaged the Tories for wasting £1 billion in their failed bid to prop up the pound on Black Wednesday . |
16 | Mr Lamont 's squandering of £1 billion in his vain bid to prop up the pound has not helped . |
17 | It is probably churlish to contrast that with those who spent $15 billion last autumn vainly trying to prop up the pound and who remain in post at Threadneedle Street and 11 Downing Street . |
18 | Throughout the day the Bank sold both dollars and European currency units almost continuously in an effort to shore up the pound . |
19 | The Bank 's sales of Ecus for pounds were intended to shore up the pound against the mark , without resorting to outright sales of the German currency . |
20 | The Chancellor had the Prime Minister 's support , according to government sources , in intervening to the tune of $2bn to $3bn to shore up the pound after pressure intensified following the news two weeks ago of a £2bn current account deficit in August — the third worst on record . |
21 | That was where they were before the Bank of England wasted £10billion trying to shore up the pound . |