The UK joined the European Exchange Rate Mechanism (ERM), with the pound sterling pegged to the deutschmark(Brexit) - Historydraft

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Brexit - The UK joined the European Exchange Rate Mechanism (ERM), with the pound sterling pegged to the deutschmark

Time: Oct, 1990

Place: United Kingdom

Details: In October 1990, under pressure from senior ministers and despite Thatcher's deep reservations, the UK joined the European Exchange Rate Mechanism (ERM), with the pound sterling pegged to the deutschmark.

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