How the Snake Lost its Sting Presented hy Mary Goldring
Following the summer's sharp fluctuations in the value of the dollar, the international money market has been swept with nostalgia for the old days of fixed exchange rates, when everyone knew precisely what a pound and a dollar was worth. And in Common Market circles there is pressure once again for a single European currency. Should these trends be encouraged? Would life in Britain be easier or tougher if we joined the move to give a new lease of life to the European currency snake? Can the West restore some form of monetary order?
Producer TOM READ
(Rptd: Fri 11.5 am med only)