§ Mr. MacGregorasked the Chancellor of the Exchequer what was the exchange rate for the £ sterling in relation to the pool of other EEC currencies (a) 12 months ago, (b) six months ago, (c) on the 14th September 1976 and (d) at present.
§ Mr. Robert SheldonI take it that the hon. Member is referring to the rate for the £ against the European unit of account, which is based on a basket of the national currencies of all the member States of the Community. The relevant rates are:
£s EUA 27th October 1975 … 1.736403 26th April 1975 … 1.635820 14th September 1975 … 1.571761 25th October 1976 … 1.436808