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Exchange Rates

Volume 131: debated on Thursday 14 April 1988

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22.

To ask the Chancellor of the Exchequer if he will make a statement on the operation of his policy of managing a floating exchange rate.

The Government's policy on the exchange rate was set out in my right hon. Friend's Budget speech and in chapter 2 of the Financial Statement and Budget Report published on 15 March.

29.

To ask the Chancellor of the Exchequer if he will make a further statement on his policy towards sterling exchange rates with other major currencies.

60.

To ask the Chancellor of the Exchequer if he will make a further statement on his exchange rate policy.

82.

To ask the Chancellor of the Exchequer if he will make a statement on his exchange rate policy.

87.

To ask the Chancellor of the Exchequer whether he will make a statement on exchange rate policy after the Budget.

My right hon. Friend set out the Government's exchange rate policy in his Budget speech on 15 March at columns 995–1015, and in chapter 2 of the Financial Statement and Budget Report published on 15 March.

76.

To ask the Chancellor of the Exchequer what assessment he has made of the effect the exchange rate has on the performance of the economy.

The exchange rate is a major factor in the determination of overall monetary conditions in the economy which are set out to maintain downward pressure on inflation. Increases in domestic costs will not be accommodated by exchange rate depreciation.

80.

To ask the Chancellor of the Exchequer if he has any plans to meet the Governor of the Bank of England to discuss exchange rate policy.

My right hon. Friend has regular meetings with the Governor of the Bank of England, at which they discuss a variety of subjects.