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1133033
star this property registered interest false more like this
star this property date less than 2019-06-18more like thismore than 2019-06-18
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Exchange Rates more like this
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what assessment they have made of the reasons for (1) sterling losing nearly five per cent of its value against the US dollar since the beginning of May this year, and (2) other major currencies holding their value over the same period. more like this
star this property tabling member printed
Lord Birt more like this
star this property uin HL16451 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2019-06-25more like thismore than 2019-06-25
unstar this property answer text <p>The government does not comment on movements in financial markets. It is also important to note that the UK does not have an exchange rate target. Instead the UK’s macroeconomic framework is based on an inflation target, and it is for the independent Monetary Policy Committee to set monetary policy to meet this target.</p><p> </p> more like this
star this property answering member printed Lord Young of Cookham remove filter
star this property question first answered
less than 2019-06-25T12:56:57.747Zmore like thismore than 2019-06-25T12:56:57.747Z
star this property answering member
57
star this property label Biography information for Lord Young of Cookham more like this
star this property tabling member
2533
unstar this property label Biography information for Lord Birt more like this