House of Lords written question – answered at on 7 January 2008.
asked Her Majesty's Government:
When the Bank of England last intervened in support of the exchange rate of the euro; what was the cost of this intervention; and how much of this amount has since been refunded.
Intervention was last undertaken on
The Government do not comment on the cost of individual transactions.
1 www.hm-treasury.gov.uk/newsroom_and_speeches/press/2000/press_107_00.cfm
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