§ Mr. Ronald Atkinsasked the Chancellor of the Exchequer what has been the depreciation in value of the £ sterling since the United Kingdom joined the Common Market.
§ Mr. DellThe sterling/dollar rate fell from £l=$2.3470 to £1=$.9211 between 1st January 1973 and 26th March 1976. Over the same period the effective depreciation of sterling increased from 10.0 per cent. to 33.8 per cent.