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Exchange Rate Mechanism

Volume 177: debated on Wednesday 17 October 1990

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To ask the Prime Minister what is the policy of Her Majesty's Government on seeking a revaluation of the sterling exchange rate mechanism band.

Together with our European partners we are fully committed to maintain the system of central rates and intervention limits agreed with them over the weekend of 6 and 7 October.

To ask the Prime Minister if she has anything to add to her statement of 12 July 1989, Official Report, column 518, about the conditions for United Kingdom adherence to the European monetary system.

I have nothing to add to the statement made by my right hon. Friend the Chancellor of the Exchequer on 15 October at columns 928–29.