Economic History: UK Joins the Exchange Rate Mechanism
- A Level
- AQA, Edexcel, OCR, IB
Last updated 22 Mar 2021
Here is a video covering the decision by the UK to join the European exchange rate mechanism in October 1990. Within two years the UK was forced out of the ERM as sterling devalued in September 1992.
Euro Moments: UK joins Exchange Rate Mechanism