Sterling Convertibility

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 29 July 1947.

Alert me about debates like this

Photo of Mr Oliver Crosthwaite-Eyre Mr Oliver Crosthwaite-Eyre , New Forest and Christchurch 12:00, 29 July 1947

Does this mean that in addition to sterling currently accruable, all sums drawn from the International Monetary Fund either in sterling or sterling area currencies are convertible?