HC Deb 15 July 2002 vol 389 c65W
Mr. Andrew Turner

To ask the Chancellor of the Exchequer what recent estimate he has made of the effect on the UK economy of long-term exchange rate stability. [69372]

Ruth Kelly

It is difficult to separate the effect of exchange rate movements on the economy from the effects of other factors. The most recent assessment of the UK economy was published in Budget 2002, and the next assessment will be published in PBR 2002.