§ Mr. Beaumont-Dark
asked the Chancellor of the Exchequer what progress has been made in the international study of foreign exchange market intervention commissioned at the Versailles summit.
§ Sir Geoffrey Howe
I discussed the report of this study with my colleagues from other summit countries in Washington on 29 April, and we agreed to publish it as a useful addition to the body of information and analysis on exchange market intervention. I have arranged for copies of the report to be available for purchase from the Treasury, and have today placed a copy in the Library of the House together with a copy of the statement by Finance Ministers made after their meeting on 29 April.