HL Deb 18 March 1999 vol 598 c110WA
The Earl of Dartmouth

asked Her Majesty's Government:

Whether, in the event of larger-scale selling of the euro on the international markets, there is a treaty obligation on the British Government or the Bank of England to accede to a request to support the euro currency. [HL1482]

Lord McIntosh of Haringey

There is no treaty obligation on the British Government or the Bank of England to accede to a request to support the euro.