HC Deb 04 May 1983 vol 42 cc60-1W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer what was the real exchange rate between the £ sterling and the deutschmark in each quarter since the fourth quarter of 1976.

Mr. Bruce-Gardyne

For the reasons explained in my reply to the hon. Member of 11 December 1981—[Vol. 14, c. 511–12]—no such calculation can satisfactorily be made.