Exchange Rate

Part of Oral Answers to Questions — Oral Answers to Questions – in the House of Commons at 12:00 am on 12 May 1980.

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Photo of Mr Reginald Eyre Mr Reginald Eyre , Birmingham, Hall Green 12:00, 12 May 1980

I fully understand my hon. Friend's anxieties, but inflation remains the main threat to our economic success, and the strength of sterling has advantages in helping to contain inflation.