§ Mr. Clemitsonasked the Chancellor of the Exchequer what was the percentage rise or fall in the value of the £ sterling compared with the United States dollar at December 1976 compared with December 1975, December 1974, December 1973 and December 1972, respectively; and what the corresponding figures were for the value of the currencies of the other member countries of the EEC.
§ Mr. Robert SheldonThe information is as follows:
% appreciation (+) or depreciation (-) of currency against US dollar at end-December 1976 compared with end-December:
1975 1974 1973 1972 Pound sterling and Irish pound -16 -28 -27 -28 Belgian and Luxembourg francs +10 0 +15 +23 Danish krone +7 -2 +9 +18 Guilder +9 +2 +15 +31 Deutschemark +11 +2 +14 +36 Lira -22 -26 -31 -33 French franc -10 -11 -5 +3