Economy: Alan Walters diary (exchange rate; new interest rate regime) [saw PM over fall in pound; measures seem to be working well on interest rates] [released 2012]
| Document type: | Declassified documents |
|---|---|
| Source: | Walters MSS (Churchill Archives Centre): WTRS3/1/1 |
| Editorial comments: | Read other entries from this diary. View all Walters documents. The original diary can be studied here |
| Importance ranking: | Major |
| Word count: | 65 |
| Themes: | Monetary policy, Public spending & borrowing |
Monday 8th June 1981
Saw PM again about fall in £.
Wrote note on interest rates and said that market had pushed them up, but still only 11% on 7 day money. New measures seem to be working well.
Saudi Int Bank for lunch. Heard about the new prudential requirements of B/E