HC Deb 20 May 1946 vol 423 c26W
Flight-Lieutenant Crawley

asked the Chancellor of the Exchequer whether he has any statement to make with regard to the recent financial discussions with the Swedish Government.

Mr. Dalton

These conversations have now been concluded. In order to provide for the satisfactory development of Swedish trade with the sterling area, the Swedish monetary authorities will be prepared, within the framework of the existing Monetary Agreement, to hold additional sterling to the amount of £15 million during the year to 30th April, 1947. In case of need this figure may be increased to £16 million.