Cost of the currency adjustment

Summary

Leyden asked whether the previous March’s currency adjustment had been a major error given its cost to external debt; Dukes said it had not.

Terry Leyden Mr. Leyden Fianna Fáil

Would the Minister not regard as a major error of judgment in hindsight the decision to adjust the currency last March which has cost us over £800 million in our external debt?

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Alan M. Dukes Mr. Dukes Fine Gael

No.

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