ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Exchange Rate-Illusory Benefits

bleak prospects indeed. In the circumstances, it is a puzzle why the Arabs continue to be willing to channel an appreciable part of their surplus funds into sterling securities. The British themselves appear to be last losing faith in their economy and numerous cases of flight of assets to other countries are coming to light.

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