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Dáil Éireann díospóireacht -
Tuesday, 2 Dec 1969

Vol. 243 No. 1

Ceisteanna—Questions. Oral Answers. - Balance of Payments.

59.

asked the Minister for Finance whether the worsening balance of payments position which appears to offer no improvement in the coming financial year suggests devaluation of the Irish £1 sterling; and whether he is at present considering such a course.

Definitely not.

Did I gather from the Minister's reply that the £ is safe from devaluation?

I said: "definitely not" in my reply to the Deputy's question.

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