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Written question asked by Robin Swann (Ulster Unionist Party) on Monday, 18 May 2026, in the House of Commons. It was due for an answer on Monday, 1 June 2026 (named day). It was answered by Torsten Bell (Labour) on Monday, 1 June 2026 on behalf of the Treasury.


Dollar

Question

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of a significant managed depreciation of the US dollar as part of international currency realignment on UK inflation, gilt markets and sterling.

Answer

The government does not comment on market movements. The reserves are managed to ensure the policy objectives set out in the Exchange Equalisation Account Act 1979 can be met at all times.


Secondary information

Type
Written question
Reference
2422
Session
2026-27
Grouped for answer
Yes
Subjects
Inflation Government securities Dollar Sterling
Link
View this Written question on www.parliament.uk