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Britain’s July trade deficit shrinks into focus in July report
Britain reported a sharp rise in its foreign trade deficit for July to 88.8 million dollars, a test for the pound as markets moved alongside London and New York stocks. The Board of Trade noted a June miscalculation that would shift the picture, suggesting the full 1969 projection could remain profitable despite the July gap.
MENTIONED IN THIS ARTICLE
London
Britain
New York
Board of Trade
France
Bank of England
Harold Wilson