From now on, the pound abroad is worth 14 per cent or so less in terms of other currencies. That doesn't mean, of course, that the Pound here in Britain, in your pocket or purse or in your bank, has been devalued.

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Quote text and notes from Wikiquote: Harold Wilson (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.