§ Mr. Deakins
asked the Chancellor of the Exchequer what has been the change in the US dollar to the pound sterling exchange rate since May 1979; and what was the change in the preceding five years.
§ Mr. Ian Stewart
The percentage changes in the US dollar's exchange rate against the pound sterling during the periods requested were as follows:
May 1974-May 1979 +17.3 May 1979-Jan 1985* +82.3 (*average to 29 January).