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Exchange Rate

Volume 982: debated on Thursday 3 April 1980

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asked the Chancellor of the Exchequer whether he will publish in the Official Report a summary of his Department's findings in both statistical and qualitative terms, on the relationship between exchange rate intervention to hold down the £ sterling and increase in the monetary aggregates.

I refer the hon. Member to Treasury working paper No. 5, a copy of which is available in the Library. I also remind him of the answer I gave to his question of 17 March 1980.—[Vol. 981, c. 29–30].