HC Deb 26 October 1971 vol 823 c282W
29. Mr. Boyd-Carpenter

asked the Chancellor of the Exchequer whether, in view of recent experience, he intends to revert to a fixed parity for sterling.

Mr. Barber

Yes, provided that there is a realistic realignment of parities which will both restore stability of the exchange rate system and bring an early end of the recent restrictions on trade.