1-3 of 3 results for subject:"Currency realignment"
Librarians' tools
- Search time
- 0.177 seconds
- Solr query time
- 0.002 seconds
- Search query
- subject:"Currency realignment"
- We searched for
- subject_t:"Currency realignment" OR subject_t:"Currency devaluation" OR subject_ses:90802
Type
House
Session
Year
Department
Member
Primary member
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask Her Majesty’s Government what is their estimate of the impact of sterling devaluation on the rate of inflation.[HL5683]
To ask Her Majesty’s Government what is their estimate of the impact of sterling devaluation on the rate of inflation.[HL5683]
The Office for Budget Responsibility (OBR) is responsible for producing independent economic and fiscal forecasts and will publish a new forecast alongside the Budget on 20 March 2013. The forecast for inflation will reflect the OBR’s assessment of the impact of any sterling depreciation.
To ask Her Majesty’s Government whether the devaluation of Sterling forms part of their economic policy; and, if not, what action they intend to take to counter it.[HL5682]
To ask Her Majesty’s Government whether the devaluation of Sterling forms part of their economic policy; and, if not, what action they intend to take to counter it.[HL5682]
The UK operates a floating exchange rate. The Government's macroeconomic framework includes an independent Bank of England, responsible for monetary policy, which seeks to deliver price stability through an inflation target defined as a 2% annual increase in the consumer prices index. Under this framework the exchange rate is allowed to adjust flexibly and the Government have a policy of non-intervention.
To ask Her Majesty’s Government what assessment they have made of the existence of competitive currency devaluation among major countries. [HL5051]
To ask Her Majesty’s Government what assessment they have made of the existence of competitive currency devaluation among major countries. [HL5051]
The Government remain vigilant to the risk of excessive volatility and disorderly movements in exchange rates, which can have adverse implications for economic and financial stability. At the G20 summit at Los Cabos in June 2012, leaders reaffirmed their long-standing commitment to refrain from competitive devaluation of currencies and to move more rapidly toward market-determined exchange rate systems and exchange rate flexibility) to reflect underlying fundamentals.