Archive

Large scale document archive

1980 Oct 27 Mo
Archive (Bank of England)

Monetary Policy: McMahon minute for Governor (“Policy and the exchange rate”) [“The level of the exchange rate is now clearly intolerable ”] [declassified 2011]

Document type: Declassified documents
Document kind: Minute
Venue: -
Source: G3/380 f146
Journalist: -
Editorial comments: McMahon had earlier addressed this theme by minute, 21 October 1980. For additional security the document was sealed in a countersigned envelope before being placed on the file. It remained sealed until archive staff opened it for www.margaretthatcher.org to study and film.
Importance ranking: Key
Word count: 3pp
Themes: Monetary policy, Public spending & borrowing, Taxation