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Mr. Mitchell
To ask the Chancellor of the Exchequer, pursuant to his answer of 3 March 1999, Official Report, column 808, if sterling will enter the single currency at (a) a lower level than the present exchange rate, (b) a higher level than the present exchange rate or (c) the present exchange rate; and if the rate will be maintained for two years before entry. [79404]
Ms Hewitt
The Government's position on the exchange rate of sterling was set out in my previous answers of 3 March 1999, Official Report, column 80.