Example sentences of "propping up the pound " in BNC.

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1 Propping up the pound is like trying to get water to run uphill .
2 And it will take years to rebuild our Reserves of foreign currency which were frittered away propping up the pound .
3 His reckless stance cost Britain a BILLION pounds propping up the pound and may well yet force up interest rates .
4 Q What is meant by propping up the pound ?
5 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 .
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