Dollar
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of a significant managed depreciation of the US dollar as part of international currency realignment on UK inflation, gilt markets and sterling.
Answered by Torsten Bell
The government does not comment on market movements. The reserves are managed to ensure the policy objectives set out in the Exchange Equalisation Account Act 1979 can be met at all times.
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