Interest and Exchange Rates

HC Deb 29 October 1986 vol 103 c139W

Mr. Janner

asked the Chancellor of the Exchequer if he will make a statement on the current level of exchange and interest rates.

Mr. Ian Stewart

The sterling index closed at 67.8 on 28 October. Base rates are 11 per cent.

Mr. Terry Lewis

asked the Chancellor of the Exchequer (1) whether he will make a statement about the current level of interest rates;

(2) if he will make a statement on the current level of interest rates.

Mr. Ian Stewart

Base rates are 11 per cent.