During the currency crisis of September 2002, the bank of England borrowed 50 Mil DM from the Bundesbank when a pound was worth DM 2.4. It. immediately sold these DM in the foreign excharige market for pounds in an attempt to prevent devaluation of the pound. It later repaid these DM at the post-crisis rate of DM 1.8: GBP 1. What was the cost/profit to the bank of england in pounds