§ 27. Mr. Watkinsonasked the Chancellor of the Exchequer what is the present estimate of surplus funds held by Middle East countries in the United Kingdom.
§ Mr. Joel BarnettThe available information on sterling holdings is published only for the oil exporting countries as a group. These totalled £3.6 billion on 30th June. The foreign currency deposits of this group with United Kingdom banks and other institutions were £ 8.3 billion, on the same date. Further details can be found in the September edition of the Bank of EngandQuarterly Bulletin.