§ MR. HOYLE (Lancashire, S.E., Heywood)
I beg to ask the Under Secretary of State for India if he will state what was the estimated rate of exchange made by the Finance Minister for India for the year 1890–91; what has been the lowest rate, and what the highest rate realised during the current year; and what is the total amount realised in excess of the estimate in tens of rupees and in pounds sterling, up to the present time?
§ THE UNDER SECRETARY OF STATE FOR INDIA (Sir J. GORST, Chatham)
The estimated rate of exchange for 1890–91 was 16.552 pence per rupee. The lowest rate realised daring the year has been 17 1–16d.; the highest 20 15–16d. The excess over the estimate is £995,063.