§ Mr. Sillarsasked the Chancellor of the Exchequer what was the value of the £sterling against the United States dollar in the month before the introduction of phase 1 of the wages policy; and what is its value currently.
§ Mr. Robert SheldonThe average rate for the £ sterling against the United States dollar in June 1975 was $2.2825. The rate at the close on 21st April 1977 was $1.7193.