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Green Pound

Volume 959: debated on Wednesday 29 November 1978

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asked the Secretary or State for Wales whether he will now consider a further devaluation of the green pound.

The level of the green pound is always kept under review. We look for a change only when the needs of the agriculture industry and the national interest as a whole call for it, as was the case earlier this year when the Government secured a phased devaluation.