The trend reversed in early 1987 and sterling subsequently rose by 17% against the punt. Irish exports surged by 10% a year from 1987 to 1990, accounting for most of the economy’s impressive growth.
在1987年初,这个趋势发生了逆转,随后英镑兑爱尔兰镑上升了17%。
The Irish punt will continue to exist in dual circulation with the new notes and coins until 9 February.
The Irish punt, the Portuguese escudo and the Spanish peseta were all devalued.
Despite that setback Wales worked their way into the Irish 22 thanks to a perceptive long punt by Byrne.