Mr
Whitney or
Ante: Confinal with Prate Surety beat rate
reve went below 16.
Z
3/
From:
PS/Mr Goodlad
Date:
3 November 1993
My Ricketts
Mr Whitney did
CC:
indeed speak to Stephen Smiten
this morning
to express hing
confidence that the HK$ had
PS/Baroness Chalker PS/PUS
Sir J Coles
Mr Hum
Mr Muir
Mr Ricketts, HKD Mr Freeman, ODA
rever fallen below 16. He wide ho, Miss Brooks,
however, to compin this with
contact PS/50s again
Akg and
tomorrow morning.
Private Secretary
Jum
3/xir
Legal Advisers Mr Trotter, ODA RMD
HONG KONG: ARRANGEMENTS FOR HER MAJESTY'S OVERSEAS CIVIL SERVICE (HMOCS)
1
264
The Minister has seen Mr Ricketts' submission of November. He is generally content with this. He is, however, concerned about the veracity of the statement (in the third paragraph under the Heading 'Pension Protection') about the historic relationship between the Pound Sterling and the Hong Kong Dollar.
2. We have in fact used similar language about the relationship between the two currencies in the past. However, in the light of Mr Goodlad's concern, I have asked HKD to check past exchange rates, particularly in the early 1980s. I understand that you wish to see Mr Ricketts' submission this morning and I am therefore forwarding it now: HKD will contact you direct about Mr Goodlad's observation.
6.J. Davey
G J DOREY
нка 233 //
8 1993
265