HC Deb 09 July 1980 vol 988 c219W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer what was the change in the value of the £ sterling relative to the (a) US dollar, (b) deutschemark, (c) yen, (d) French franc, (e) guilder and (f) lira from October 1976 to the latest available date.

Mr. Lawson

Between October 1976 and 7 July 1980 the £ sterling appreciated against the currencies referred to as follows (a) US dollar 44.8 per cent., (b) deutschemark 3.6 per cent., (c) yen 8.5 per cent., (d) French franc 17.6 per cent., (e) Dutch guilder 8.2 per cent. and (f) Italian lira 41.2 per cent.

Mr. Austin Mitchell

asked the Chancellor of the Exchequer what was the monthly change in the trade weighted value of the £ sterling from 1 January 1979 to the latest available date.

Mr. Lawson

The effective sterling exchange rate for each Friday is published in the Bank of EnglandQuarterly Bulletin. Monthly averages are published in Economic Trends and Financial Statistics.