Written question asked by Baroness Harman (Labour), in the House of Commons. It was due for an answer on Monday, 19 October 1992. It was answered by Anthony Nelson (Conservative) on Monday, 19 October 1992 on behalf of the Treasury.

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Treasury

Question

What assessment the Treasury has made as to the causes of the recent pressure on sterling and the degree to which it reflected (a) speculation and (b) underlying economic factors.

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Secondary information

Type

Written question

Reference

212 c180W

Session

1992-93

Subjects

Currency speculation Sterling Exchange rates Exchange rate mechanism