Orders of the Day — International Monetary Arrangements Bill

Part of the debate – in the House of Commons at 5:12 pm on 11th July 1983.

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Photo of Mr Geoffrey Rippon Mr Geoffrey Rippon , Hexham 5:12 pm, 11th July 1983

I was also saying that, when the price of oil had risen, the Arabs were wise enough to lend their money to British banks and institutions, which passed it on to unsafe countries.