HC Deb 22 October 1998 vol 317 c1169W
Mr. Mitchell

To ask the Prime Minister, pursuant to his statement of 30 September on the policy of Her Majesty's Government concerning world monetary stability, what plans he has to seek agreement between major trading nations to co-ordinate limited regulation of currency flows related to loans and investments of speculative character. [55683]

The Prime Minister

I have no plans to seek to restrict currency flows in the global economy which I believe would damage prospects for stability and growth. Our priority is, instead, to create a more open, transparent and robust financial system, with better information and subject to better and more co-ordinated oversight by national regulators and international financial institutions.

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