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21-40 of 97 results for subject:"Currency realignment"

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My Lords, is my noble friend aware that in economics we rarely have a laboratory experiment with respect to the exchange rate? The exchange rate plunged in 1992 when we left the ERM. For four years from then our share of world exports rose continuously. Therefore the answer to my noble friend’s Question is very simple and straightforward: it is good and it is not bad. The more interesting question is: what is the likely path of the exchange rate this year? If noble Lords opposite want some free financial advice and fancy a punt, my guess is that the forward purchase of sterling over the coming year will be highly profitable.
Asked by
Lord Peston (Labour)
Oral questions - Supplementary
Status
Answered
Date
19 January 2009
Reference
706 c1441
House
House of Lords
My Lords, would the noble Lord agree that if we were members of the European single currency it would not have been possible for us to cut interest rates in the way which the Government have, and that that would not have been likely to assist economic recovery? As far as the exchange rate is concerned, would he agree that the effect depends on the elasticity of demand for exports and imports? Have the Government made an up-to-date estimate of these?
Asked by
Lord Higgins (Conservative)
Oral questions - Supplementary
Status
Answered
Date
19 January 2009
Reference
706 c1441
House
House of Lords

To ask the Secretary of State for Trade and Industry, what estimate he has made of the impact on industrial costs resulting from (a) a one per cent. revaluation of the pound and (b) a one per cent. increase in interest rates.

Asked by
Lord Redwood (Conservative)
Answering body
Department of Trade and Industry
Type
Written questions
Status
Answered
Date
11 February 1999
Reference
69812; 325 c403W
House
House of Commons

The Asian Economic Crisis. House of Commons Library Research Paper 99/14.

Type
Commons Briefing papers
Date
11 February 1999
Reference
RP99-14

To ask Mr Chancellor of the Exchequer, what is Her Majesty's Government's policy on (a) a revaluation and (b) the sale of the IMF's gold reserves.

Asked by
Lord Tyrie (Conservative)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
19 November 1998
Reference
319 c841W; 56524
House
House of Commons
What has been the percentage change in the value of the pound (a) against the Deutschmark, (b) against the dollar and (c) against the basket of international currencies since September 1992.
Asked by
Alan W Williams (Labour)
Answering body
Treasury
Oral questions - Lead
Status
Answered
Date
31 October 1996
Reference
318; 284 c777-8
House
House of Commons
1st supplementary on devaluation of the pound.
Asked by
Alan W Williams (Labour)
Answering body
Treasury
Oral questions - 1st Supplementary
Status
Answered
Date
31 October 1996
Reference
284 c777-8
House
House of Commons
Answered by
Lord Clarke of Nottingham (Conservative)
Answering body
Treasury
Type
Oral answers to questions
Date
31 October 1996
Reference
284 c777-8
House
House of Commons
Answered by
Lord Clarke of Nottingham (Conservative)
Answering body
Treasury
Type
Oral answers to questions
Date
31 October 1996
Reference
284 c777-8
House
House of Commons

What assessment he has made of the United Kingdom's capacity (a) to revalue and (b) to devalue sterling in a partial EMU excluding the United Kingdom.

Asked by
Tony Marlow (Conservative)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
6 March 1996
Reference
17277; 273 c234-5W
House
House of Commons

What estimate he has made of the impact of a devaluation of the French franc equivalent to the devaluation of the pound sterling since 1992 on British trade with France.

Asked by
Denis MacShane (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
4 March 1996
Reference
17961; 273 c32W;273 c31-2W
House
House of Commons

What estimate he has made of the impact of a devaluation of the German Mark equivalent to the devaluation of the pound sterling since 1992 on British trade with Germany.

Asked by
Denis MacShane (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
4 March 1996
Reference
17960; 273 c32W
House
House of Commons

By what percentage the pound has devalued since April 1992; and what assessment he has made of the adverse effects of the devaluation. (Failed OPQ).

Asked by
Harry Cohen (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
15 June 1995
Reference
261 c626W;261 c628W
House
House of Commons

Statement on outcome of the Agriculture Council held in Brussels on 27th and 28th March.

Asked by
Peter Atkinson (Conservative)
Answering body
Ministry of Agriculture Fisheries and Food
Type
Written questions
Status
Answered
Date
29 March 1995
Reference
257 c652W;257 c650W
House
House of Commons

What estimates he has available on the effect of differing degrees of devaluation on the share of imports in the United Kingdom market. - Will write.

Asked by
Austin Mitchell (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
21 July 1994
Reference
247 c430W
House
House of Commons

What is his policy with regard to co-operation between the International Monetary Fund and Russia.

Asked by
Thomas Arnold (Conservative)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
20 January 1994
Reference
235 c778W;235 c775-6W
House
House of Commons

What estimate his Department has made of the effect of the depreciation of sterling against the ecu since September 1992 on the level of sterling receipts for the RECHAR programme in 1993-94. - Inc ref to 226 c613W & 227 c15W. - (Holding answer 30.6.93).

Asked by
Derek Fatchett (Labour)
Answering body
Department of Trade and Industry
Type
Written questions
Status
Answered
Date
2 July 1993
Reference
227 c661-2W;227 c658-9W
House
House of Commons
Supplementary on commodity prices, devaluation & causes of inflation.
Asked by
Nicholas Budgen (Conservative)
Answering body
Department of Trade and Industry
Oral questions - 1st Supplementary
Status
Answered
Date
19 May 1993
Reference
225 c235
House
House of Commons
Answered by
Timothy Sainsbury (Conservative)
Answering body
Department of Trade and Industry
Type
Oral answers to questions
Date
19 May 1993
Reference
225 c235
House
House of Commons

What is the extent of the devaluation of the £ sterling against (a) the Deutschemark, (b) the US Dollar and (c) the basket of international currencies since the close of trading in London on Tuesday 15th September 1992 on the latest available figures. - Inc figures.

Asked by
Alan W Williams (Labour)
Answering body
Treasury
Type
Written questions
Status
Answered
Date
11 March 1993
Reference
220 c656W;220 c652W
House
House of Commons