§ Mr. Pageasked the Chancellor of the Exchequer why he publishes figures of gold and dollar reserves of the sterling area which omit the dollar securities owned by individuals and the reserve held by other sterling countries.
§ Mr. SimonThe published figures represent the gold and United States and Canadian dollar holdings of the Exchange Equalisation Account. They are intended to show only the liquid resources in gold and dollars at the immediate disposal of the United Kingdom authorities.