HC Deb 13 December 1949 vol 470 c241W
Colonel J. R. H. Hutchison

asked the Chancellor of the Exchequer what increase in the gold and dollar reserves, expressed in terms of dollars, has taken place since devaluation.

Sir S. Cripps

The value, at the old rates of exchange, of our reserves of gold and U.S. and Canadian dollars increased from £330 million as at 17th September of this year to £351 million on 30th September. Figures in respect of the end of December will be made available early in January, but I am not prepared to give interim information.