Foreign Exchange Markets

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:47 am on 13 May 1985.

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Photo of Mr Terence Higgins Mr Terence Higgins , Worthing 12:47, 13 May 1985

Will my right hon. Friend take steps at the G10 meeting to secure contingency arrangements to deal with the possible collapse of the dollar exchange rate, which could have most serious effects on United States interest rates, the debt crisis in South America and elsewhere and, indeed, the stability of the international system?