HC Deb 20 April 1978 vol 948 c299W
15. Mr. Newton

asked the Minister of Agriculture, Fisheries and Food what is the current differential between the green pound and the market rate of the £ sterling.

Mr. John Silkin

The monetary compensatory amount percentage for the United Kingdom is now 32.9 in the beef and pigmeat sectors and 39.9 in the other sectors. These percentages are based on percentage differences of 34.4 and 41.4 respectively between the representative rate for the pound applying in the sectors concerned and the market rate for the pound used for MCA purposes.