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Friday, 3 December 1976

Mr FitzPATRICK - I ask the Treasurer: How is the exchange rate to be calculated now that the dollar is floating? In spite of all the damage caused by devaluation, is it possible under the new arrangements that the exchange rate will gradually appreciate until it reaches the same rate as last week, as appears to be suggested by Warwick Bracken's article in yesterday's Canberra Times?

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