Written question asked by Lord Ashley of Stoke (Labour), in the House of Lords. It was due for an answer on Wednesday, 24 March 1993. It was answered by Earl of Caithness (Conservative) on Wednesday, 24 March 1993.

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Caithness, RtHonEarl

Question

What is HMGs current estimate of losses incurred in their support of the pound immediately prior to Wednesday 16 Sep 1992. - Inc fact that cannot be calculated unambiguously.

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Secondary information

Type

Written question

Reference

544 c15WA

Session

1992-93

Subjects

Sterling Exchange rate mechanism Gold and foreign exchange reserves

Contains statistics

Yes