And because the manuscript had been in Britain for less the 50 years there would have been no recourse to the Export Licensing Committee to stop that from happening.

BBC: Rare Jane Austen manuscript sells for ?993,250

But this total disguises the extent to which Asian central banks have been collecting dollars in order to stop their currencies appreciating against the currency of their export market of choice: America.

ECONOMIST: The dollar

New one-stop shops were launched for traders at the ports, cutting the time to import by seven days and the time to export by five.

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