Letter: In Brief

Tuesday 16 March 1999 00:02 GMT

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Sir: Michael Knight (letter, 15 March) claims that fluctuations of the euro against the pound or dollar prove that it is unstable. That is nonsense. Currency stability has been achieved between the 11 members of the Eurozone, who have abandoned fluctuating national currencies for a single one. Britain will benefit from the same stability only when it joins the euro.

ERNEST WISTRICH

London NW3

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