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(Studio) Parliament gives vote of confidence to government of Premier Harold Wilson. Pound sterling slips but Bank of England intervenes. Pound closes at $1.91.
REPORTER: Harry Reasoner
(London, England) British government feels falling pound will help then. It will make exports cheaper and imports more expensive. It may fuel inflation. [Edward British business magazine Robert HELLER - explains economic problem.] Food prices and gasoline prices to go up.
REPORTER: Bill Milldyke
- Milldyke, Bill;
- Reasoner, Harry
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