Neville ChamberlainApril 1932
The Exchange Equalisation Account is created to manage sterling and official reserves after Britain leaves gold, replacing automatic gold-standard intervention with discretionary exchange management.
Great Britain · Government / National. Chronological records rendered directly from the World History Database.
The Exchange Equalisation Account is created to manage sterling and official reserves after Britain leaves gold, replacing automatic gold-standard intervention with discretionary exchange management.
The Treasury creates the Exchange Equalisation Account to manage sterling and official reserves after gold.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.