§ Mr. Deakinsasked the Chancellor of the Exchequer what parity has been declared to the International Monetary Fund in respect of sterling at the time the January 1973 United Kingdom contribution to the EEC budget was made; and what is the equivalent of this parity in EEC units of account.
§ Mr. NottThe parity of sterling remains that declared in November 1967, namely £1=2.13281 grammes of fine gold; this is equivalent to £1=2.40 units of account.