HC Deb 04 May 1948 vol 450 c1091
53. Mr. Erroll

asked the Chancellor of the Exchequer if he will publish at regular intervals a list of foreign countries in the order of the current values which the Exchange Control attaches to their currencies.

Mr. Jay

No, Sir. It would be impossible to publish any such list that was not very misleading.

Mr. Erroll

Does the Minister realise that lack of this information seriously hampers traders in the international field, to the detriment of our own exchange?

Mr. Jay

I appreciate the hon. Member's anxiety to give guidance to industry on this point, and we have given a great deal of thought to it. However, we thought the best solution would be to issue a general statement, which the President of the Board of Trade, in fact, made on 19th January, and which is published in the Board of Trade Journal for 24th January.

Mr. Langford-Holt

Do all the facts in that general statement still hold good today?

Mr. Jay

Yes, Sir.

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