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International Monetary Fund (South African Gold Sales)

Volume 768: debated on Monday 15 July 1968

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71.

asked the Chancellor of the Exchequer why Her Majesty's Government support the United States Government in resisting the right of the South African Government to sell gold to the International Monetary Fund; and what estimate he has made of the effect on the United Kingdom reserves of the South African Government being allowed to exercise its rights.

The hon. Member appears to be prejudging issues which are still the subject of confidential discussions in the I.M.F.'s Executive Board.