HC Deb 27 March 1995 vol 257 cc430-1W
Mr. Worthington

To ask the Chancellor of the Exchequer by how much sterling has appreciated or depreciated against all the other currencies of Organisation for Economic Co-operation and Development countries since April 1992; and by how much sterling has been devalued in overall terms since that date. [15984]

Mr. Nelson

In April 1992 sterling's exchange rate index averaged 100.2 per cent. At close of business on March 23 1995 the ERI was 15 per cent. lower, at 85.2 movements in sterling's rate against other OECD currencies can be found in "International financial Statistics", published by the International Monetary Fund.