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Dollar

Asked by Robin SwannUlster Unionist PartyTreasuryTabled Answered 1 June 2026UIN 2424

The question

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of a material fall in the value of the US dollar on UK official foreign exchange reserves.

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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