asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing the gain and loss to the gold and foreign currency reserves each month since the beginning of 1976 to date, and the amount spent in the course of each month on exchange intervention.

The monthly change in the official reserves from the beginning of 1976 to date is set out in column (1) of the table below. Column (2) shows the effect on the monthly reserves change of public sector foreign currency debt transactions, as contained in the monthly reserves announcement. The monthly reserve change, after taking account of these public sector debt transactions, which is set out in column (3), is the result of a variety of transactions including market intervention, Government foreign currency expenditure and trans-