HC Deb 30 November 1920 vol 135 c1095
16. Mr. WILLIAM SHAW

asked the Secretary of State for War on what rate of exchange for the rupee his Estimate for this year's expenditure in Mesopotamia was based; if the fall in the rupee has resulted in a saving under this head; and if he will state what he estimates the saving at?

Mr. CHURCHILL

In the original Estimates of the year the rupee was taken at 2s. 6d. I am now taking it at 2s. on the average throughout the year. The fall represents a saving of about three and a half million pounds on the original Estimates; of this saving about £2,750,000 relates to Mesopotamia. But this saving is far outweighed by other increases.

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