Annex A of the 2008 pre-Budget report (Cm 7484) discusses the potential effects of exchange rate movements. The Government's objective is for a stable and competitive exchange rate in the medium term, consistent with meeting the inflation target.
Annex A of the 2008 pre-Budget report (Cm 7484) discusses the potential effects of exchange rate movements. The Government's objective is for a stable and competitive exchange rate in the medium term, consistent with meeting the inflation target.