SRL for [toward full inclusion in the European Monetary System 's exchange - rate mechanism]: Unless Mr. Lawson 's resignation leads to a change in British interest - rate policy -- Mrs. Thatcher 's administration firmly supports high interest rates to keep inflation in check -- or posturing [toward full inclusion in the European Monetary System 's exchange - rate mechanism] , Mr. Lawson 's withdrawal will have little long - term impact on exchange rates , Mr. Chandross concluded .
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