HC Deb 19 February 1952 vol 496 c5W
61. Major Lloyd

asked the Economic Secretary to the Treasury if he will give an estimate of the number of independently fluctuating rates for sterling quoted abroad resulting from the various types of bilateral, blocked, guaranteed or transferable sterling that may be available in any particular exchange market.

Sir A. Salter

These transactions can take place in such a wide variety of circumstances that it is not possible to give an estimate of the number of different rates.