Exchange Rates
(asked on 18th October 2016) - View Source
Question to the HM Treasury:
To ask Her Majesty’s Government what assessment they have made of the impact of the fall in the value of sterling on the UK’s indebtedness.
This question was answered on 1st November 2016
All public debt issued by the UK government is denominated in pounds sterling. Therefore, any changes in the value of the currency do not affect the UK government’s indebtedness.