The Economy

Part of Orders of the Day — Debate on the Address – in the House of Commons at 3:43 pm on 19th November 1986.

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Photo of John Maples John Maples , Lewisham West 3:43 pm, 19th November 1986

The right hon. Gentleman has said repeatedly that one of his policies for helping to reduce interest rates is the compulsory repatriation of foreign assets. Would that not drive up the exchange rate and thereby penalise the export of manufactured goods?