Exchange Rate Mechanism (Hansard, 3 December 1990)
HC Deb 03 December 1990 vol 182 c46W
Mr. Allen

To ask the Prime Minister what is the policy of Her Majesty's Government in seeking a revaluation of the pound sterling within the ERM.

The Prime Minister

On sterling's entry to the ERM, the Government undertook an express obligation to keep sterling within specified bands around the agreed central rates. We are fully committed to fulfilling that obligation.

GLOBAL ISLES COURT OF RECORD