HC Deb 21 March 1985 vol 75 cc595-6W
27. Mr. Randall

asked the Chancellor of the Exchequer if he will assess the effect of his Budget proposals on the exchange rate.

Mr. Ian Stewart

The Government's continuing commitment to defeating inflation and improving the supply performance of the economy will help maintain confidence in sterling.

Mr. Austin Mitchell

asked the Chancellor of the Exchequer what has been the change in the real exchange rate of the pound since the last quarter of 1976 to the latest available date against the deutschmark, French franc, United States dollar, yen and guilder.

Mr. Ian Stewart

I shall let the hon. Member have a reply as soon as possible.

Forward to