HC Deb 04 February 1999 vol 324 c725W
Mr. Mitchell

To ask the Chancellor of the Exchequer if he will prepare and publish an index of the relativities between the pound and the basket of currencies which constitute the euro so that the valuation of the pound in regard to the euro after 4 January can be compared with historical values. [68582]

Mrs. Roche

A proxy measure for the euro's exchange rate prior to 1999 can be derived by using the European currency unit's (ECU) exchange rate or using the Deutschmark and its euro conversion rate. Data on these are available in table 7.1A of the ONS publication "Financial Statistics".