asked the Minister for Finance the total exchange losses on the external component of the national debt for the year ending 1984; and if he will make a statement on the matter.
Written Answers. - National Debt.
417.
It is estimated that the changes in the exchanged rate of the Irish pound during 1984 added approximately £375 million to the Exchequer's foreign debt when expressed in Irish pound terms. This does not constitute an exchange loss; any exchange loss or gain would be realised only when the debt is paid off.