§ Mr. Powellasked the Chancellor of the Exchequer under what instruments or agreements the exchange rate of the pound sterling and the pound of the Irish Republic is maintained at parity; and if he will make a statement.
§ Mr. DellThere are no such instruments or agreements between Her Majesty's Government and the Government of the Republic of Ireland about the exchange rate of the pound sterling and the pound of the Irish Republic. The rate for the Irish pound is a matter for the Government of the Republic of Ireland.