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598091
registered interest false more like this
date less than 2016-10-10more like thismore than 2016-10-10
answering body
HM Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name CaTreasury more like this
hansard heading Exchange Control more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty’s Government whether they have any plans to reintroduce exchange controls following Brexit. more like this
tabling member printed
Lord Inglewood more like this
uin HL2120 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-10-18more like thismore than 2016-10-18
answer text <p>The UK has an inflation target, not an exchange rate target, and Her Majesty’s Government does not express a view on the level of exchange rates. Instead, the exchange rate is allowed to adjust flexibly in response to economic conditions and movements in sterling are determined by market forces.</p><p> </p><p>This framework means we do not need to introduce exchange rate controls.</p> more like this
answering member printed Lord Young of Cookham more like this
grouped question UIN HL2102 more like this
question first answered
less than 2016-10-18T14:25:15.507Zmore like thismore than 2016-10-18T14:25:15.507Z
answering member
57
label Biography information for Lord Young of Cookham remove filter
tabling member
1980
label Biography information for Lord Inglewood more like this