HC Deb 18 July 1994 vol 247 c4W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer how many times the former right hon. Member for Blaby, when Chancellor of the Exchequer, informed Parliament and its Committees that he was shadowing the deutschmark; and on what dates.

Mr. Nelson

While sterling has not been participating in formal exchange rate systems it has been the practice of successive Governments not to make public any targets for sterling's exchange rate.