HC Deb 27 January 1977 vol 924 c757W
29. Mr. Carter-Jones

asked the Chancellor of the Exchequer what is the current value of the £ sterling in 1911.

Mr. Robert Sheldon

The internal purchasing power of the pound sterling in 1976 is estimated to be about 6½ per cent. of its value in 1911.

33. Mr. McCrindle

asked the Chancellor of the Exchequer by what percentage the value of the pound had fallen between 1st March 1974 and 31st December 1976 in relation to the United States $, the deutschemark and the Swiss franc, respectively.

Mr. Robert Sheldon

In that period the pound fell 26 per cent. in relation to the United States $, 36 per cent. in relation to the deutschemark and 42 per cent. in relation to the Swiss franc.

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