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Imports (Payments)

Volume 885: debated on Monday 27 January 1975

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asked the Chancellor of the Exchequer what percentage of the United Kingdom's total import bill for the year 1974 was payable in (a) pounds sterling, (b) United States dollars, (c) German marks, and (d) French francs; and what were the corresponding figures for 1971, 1972, and 1973, respectively.

This information is not available. But an investigation in 1973 suggested that at that time about one-half of United Kingdom imports were invoiced in sterling and about one-half in other currencies.