§ Mr. WarrenTo ask the Chancellor of the Exchequer if he will not make it his policy to publish the upper and lower numerical levels in pounds sterling and the reference limits within which the Treasury and the Bank of England are seeking to operate in relation to other currencies; and if he will make a statement.
§ Mr. LilleyPolicy towards the exchange rate was set out in my right hon. Friend's Budget speech. The Government do not discuss the tactics they pursue in the foreign exchange markets.