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Occupied Europe (Currency Stabilisation)

Volume 415: debated on Wednesday 31 October 1945

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52.

asked the Chancellor of the Duchy of Lancaster what steps are being taken to stabilise the currencies of countries under Allied control.

If, as I assume, my hon. Friend is referring to Germany and Austria, the objective of a stable currency is one to which His Majesty's Government attaches importance. In the case of Austria, difficulties have arisen in obtaining the necessary quadripartite decisions but it is hoped that the difficulties will shortly be overcome.