HC Deb 28 March 1988 vol 130 cc316-7W
Mr. Barron

To ask the Chancellor of the Exchequer what was the average pound/deutschmark exchange rate affecting deutschmark purchases by the United Kingdom monetary authorities over the past 12 months.

Mr. Lilley

It is the long-standing practice of successive Governments not to comment on market tactics or reveal details of the asset or currency composition of the reserves.