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Mr. Foulkes
asked the Chancellor of the Exchequer if he will list the pound sterling exchange rate with the European currency unit for the first day in every month since June 1983.
Mr. Ian Stewart
The information requested is as follows:
| Sterling/ECU exchange rate | |
| 1983 | |
| June | 0·5635 |
| July | 0·5831 |
| August | 0·5643 |
| September | 0·5643 |
| October | 0·5811 |
| November | 0·5715 |
| December | 0·5738 |
| 1984 |
Sterling/ECU exchange rate
| |
| January | 0·5725 |
| February | 0·5724 |
| March | 0·5739 |
| April | 0·5980 |
| May | 0·5879 |
| June | 0·5936 |
| July | 0·5935 |
| August | 0·5909 |
| September | 0·5920 |
| October | 0·5918 |
| November | 0·6043 |
| December | 0·6010 |
1985
| |
| January | 0·6133 |
| February | 0·6219 |
| March | 0·6174 |
Mr. Foulkes
asked the Chancellor of the Exchequer what effect a change in the exchange rate between the pound sterling and the European currency unit has on financial transactions between the United Kingdom and the EEC.
Mr. Ian Stewart
I shall let the hon. Member have a reply as soon as possible.