TNAG-1270-FCO40-1620-Financial-policy-in-Hong-Kong-1983 — Page 136

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

SECRET

37

HKK

RESIVED IN RAZ

100/7

20 OCT 1983

Foreign and Commonwealth Office

DESK OPkt

INDEX

PA

Dear John,

Hong Kong

London SWIA 2All

4 October 1983

28

John Kerr wrote to Andrew Turnbull on 30 September about action taken by the Chancellor of the Exchequer to make technical advice available to the Hong Kong Government in connection with a suggested local measure to resist pressure on the Hong Kong dollar exchange rate. This action was taken by agreement with the Foreign and Commonwealth Secretary.

I am sure that you will bear fully in mind, in this connection, that the EXCO members know nothing whatsoever of the financial contingency planning which is in hand in Hong Kong and Whitehall. Knowledge of this is restricted to a very small number of officials in the Hong Kong Government. The Unofficial Members of EXCO could derive a seriously wrong impression if the subject came up during their discussions in London.

I am copying this letter to John Kerr (Treasury) and to John Bartlett (Bank of England), and to Richard Hatfield

(Sir R Armstrong's office).

A J Coles Esq

10 Downing Street

Чил

(J E Holmes) Private Secretary

eve

John Hohes

Ja

SFÖRET

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