§ Mr. Michael Marshallasked the Chancellor of the Exchequer what was the value of the £ sterling on 1st February 1976 taking it to be worth 100p in each of the years 1945 to 1975.
§ Mr. Denzil DaviesNo information is available for 1945. Taking the internal purchasing power of the pound sterling to be 100p in each of the years from 1946 to 1975, its value in December 1975, the latest available date was as follows:
1946 20p 1961 35p 1947 21½p 1962 36p 1948 23p 1963 37p 1949 23½p 1964 38p 1950 24½p 1965 40p 1951 26½p 1966 41½p 1952 28p 1967 42½p 1953 28½p 1968 44½p 1954 29p 1969 47p 1955 30p 1970 50p 1956 31½p 1971 55p 1957 32½p 1972 58½p 1958 33½p 1973 64p 1959 33½p 1974 74½p 1960 34p 1975 92½p The basis for these estimates is that given in the leaflet "The Internal Purchasing Power of the Pound", obtainable from the Press and Information Service of the Central Statistical Office.
§ Mr. Michael Marshallasked the Chancellor of the Exchequer whether he will list in the Official Report the exchange rate of the £ sterling against the dollar at the close of business on 31st January for each of the years 1967 to 1975.
§ Mr. DellRecent information about the sterling/dollar exchange rate is given in the Central Statistical Office's publication "Financial Statistics". Details of 307W the rate at the close of business on the last working day of January for each of the years 1967 to 1975 are as follows:
31 January 1967 2.7943 31 January 1968 2.4123 31 January 1969 2.3900 30 January 1970 2.4025 29 January 1971 2.4175 31 January 1972 2.5938 31 January 1973 2.3822 31 January 1974 2.2750 31 January 1975 2.3811