Vol. 413 No. 1
64 Mr. T. O'Sullivan asked the Minister for Finance if he will outline (a) the best estimate of the total annual dealings of Irish currency on the Irish foreign exchange market and (b) the best estimate of the total annual dealings of currencies other than Irish currency on the Irish foreign exchange market excluding foreign currencies traded for Irish currency.
I refer the Deputy to the Central Bank's annual report for 1990. Turnover on the Dublin foreign exchange market during 1990 amounted to IR£1,112.1 billion. Of this, IR£84.7 billion, 7.6 per cent, involved Irish pounds while the remainder, IR£1,027.4 billion, 92.4 per cent, represented turnover not involving Irish pounds. The comparable figures for 1989 were IR£1,019.7 billion, IR£83.0 billion, 8.1 per cent, and IR£936.7 billion, 91.9 per cent, respectively.
