United Kingdom · Question · Written question
UIN 67072
Gold and Foreign Exchange Reserves: Sales
Original
Introduced
1 November 2021
Last action
9 November 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
9 November 2021
Summary
To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect on the public sector net debt of selling existing foreign currency reserves.
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Timeline
1 November 2021
Written question
To ask the Chancellor of the Exchequer, what recent assessment he has made of the effect on the public sector net debt of selling existing foreign currency reserves.
Source: Commons
9 November 2021
Answer
There has been no assessment made of the effects of selling existing foreign currency reserves. The reserves have a clearly defined function as set out in the Exchange Equalisation Account (EEA) Act 1979. The foreign exchange reserves are held on a precau...
Source: Written answer
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- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-11-01/67072
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1364993
- uk · wq-1364993 · source updated 9 November 2021