§ Mr. AmosTo ask the Minister of Agriculture, Fisheries and Food if he will make a statement on the current level of green pound exchange rates; and what action he intends to take to obtain a devaluation of the green pound.
§ Mr. CurryThe current level of our real monetary gaps, which represent the difference between green and market exchange rates, range from -9.567 per cent. for pigs to -17.990 per cent. for sheep. The Commission has proposed green pound devaluations as part of the 1990 price review, and these are currently under discussion in the Council of Ministers.
§ Mr. Ieuan Wyn JonesTo ask the Minister of Agriculture, Fisheries and Food what steps he is taking to devalue the green pound.
§ Mr. CurryThe Commission has made proposals for green pound devaluations as part of the 1990 price proposals and these are currently under discussion in the Council of Ministers.