HC Deb 09 June 1986 vol 99 cc75-6W
Mr. Deakins

asked the Chancellor of the Exchequer what rate of exchange for the European Economic Community European currency unit to the United States dollar was assumed in the 1986 European Economic Community budget approved by the Council and in that passed by the Assembly.

Mr. Brooke

The rate of exchange for the European currency unit to the United States dollar assumed in the 1986 European Communities budget was one dollar to 1.20 ecus.