HL Deb 25 June 1990 vol 520 c1427WA
Lord Stoddart of Swindon

asked Her Majesty's Government:

To what extent the obligation and amount of support for the pound sterling from other central banks in the European Monetary System will change when Britain enters the Exchange Rate Mechanism.

The Paymaster General (The Earl of Caithness)

I refer the noble Lord to the resolution of the European Council of 5th December 1978 on the establishment of the European Monetary System (EMS) and related matters, a copy of which is available in the Library of the House.