“...we do not contemplate taking any action to alter the rate of sterling in relation to other currencies, as we do not believe that this will be rendered necessary or advisable.”

Speech https://api.parliament.uk/historic-hansard/commons/1948/jan/26/french-franc-devaluation#column_672 in the House of Commons (26 January 1948)
Chancellor of the Exchequer

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Stafford Cripps 20
British politician 1889–1952

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