§ Mr. Gordon Wilsonasked the Chancellor of the Exchequer if he will list in the Official Report the change in the exchange rate from January 1976 to the most recent convenient date between the £ sterling and a basket of relevant major currencies including the percentage depreciation or appreciation as appropriate in each case.
§ Mr. Bruce-GardyneThe sterling effective exchange rate, the rate of exchange between the £ sterling and a trade weighted basket of overseas currencies, is published monthly inFinancial Statistics—for example, table 13.3 in the February 1982 issue. The construction of the effective exchange rate index is described in the March 1981 edition of the Bank of England Quarterly Bulletin. The rates between the £ sterling and the currencies in the basket are listed in Financial Statistics, February 1982, table 13.1 for recent dates in Financial Statistics No. 166, February 1976, table 104 for January 1976.