§ 32. Mr. Barnettasked the Chancellor of the Exchequer if he will give details of the discussions he has had about variation of exchange rates; and if he will make a statement.
§ Mr. Roy JenkinsThe only such discussions have been in connection with the Bonn meeting of the Group of Ten, about which I reported to the House on 22nd and 25th November.
§ Mr. BarnettWould my right hon. Friend agree that one of the major causes of uncertainty at present is that certain major currencies are out of line? While understanding his reluctance to have a new and large Bretton Woods type conference again, would he not consider the possibility of holding a meeting with a few of the major countries involved to discuss these very important matters?
§ Mr. JenkinsWe have had such a meeting, in November. I have certainly nothing to add beyond what I said when reporting on that meeting.