Loans in Foreign Currency (Interest).

Part of Oral Answers to Questions — National Finance. – in the House of Commons on 5th October 1931.

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Photo of Colonel Josiah Wedgwood Colonel Josiah Wedgwood , Newcastle-under-Lyme


asked the Chancellor of the Exchequer the total amount of annual interest that has to be paid by His Majesty's Government on loans made in foreign currency; whether interest on the £50,000,000 credit has to be paid in foreign currency; and whether interest on the £80,000,000 credit is included in the total shown in answer to the first part of this question?