HC Deb 11 April 1983 vol 40 c304W
Mr. Hooley

asked the Prime Minister if she will list in the Official Report the maximum and minimum values of the £ sterling against the United States dollar between 9 May 1979 and 29 March 1983 and the maximum and minimum value of the £ sterling in the trade weighted index during that period.

The Prime Minister

The highest closing market rate for the pound against the dollar recorded by the Bank of England during the period in question was $2.4546 on 4 November 1980. The lowest rate was $1.4549 on 29 March 1983. The highest value for sterling's effective exchange rate index (1975 = 100) calculated by the bank during this period was 105.6 for 28 January 1981. The lowest value was 77.9 on 24 March 1983.