HC Deb 20 February 1984 vol 54 cc370-1W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing the trade-weighted effective exchange rate between the pound sterling and other European Economic Community currencies each year since 1970 and each quarter from the beginning of 1983.

Mr. Ian Stewart

The effective exchange rate for the pound sterling against European monetary system currencies for 1978 to 1982 (annual averages, 1975=100) are published by the Central Statistical Office in Financial Statistics. The corresponding figures for 1976 and 1977 were 89.8 and 85.1 respectively (those for 1970 to 1974 are not readily available). The quarterly figures for 1983 are as follows:

Sterling effective index against EMS currencies 1975=100
1983
1st quarter 93.3
2nd quarter 101.1
3rd quarter 103.4
4th quarter 102.9