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48.
Mr. Douglas Marshall
asked the Chancellor of the Exchequer to what extent the drain on our dollar reserves has increased since 15th July.
The Chancellor of the Exchequer
(Mr. Dalton)
There has been no substantial change in the drain during the fortnight since 15th July compared with the immediately preceding period. Arrangements with a number of countries for the transferability of sterling were, of course, in operation before 15th July.