HC Deb 15 December 1969 vol 793 c236W
Mr. David Mitchell

asked the Chancellor of the Exchequer what was the dollar value of the residue of the dollar portfolio held by the British Government in the United States of America in the years 1951, 1964 and 1969.

Mr. Taverne

The value of Her Majesty's Government's dollar portfolio was approximately $500 million at the end of 1951 and $1,321 million at the end of 1964. Part of the portfolio was transferred to the reserves in February, 1966, and the remainder in November, 1967.