In cases where there are large currency swings—and I'm not going to speculate on the future per se—it is important for Parliament to have an understanding of these kinds of vehicles. You did say “derivatives contracts”. Can you explain some of these tools? Would this be for broader usages? For example, many IMF countries will host currencies into other jurisdictions to, again, manage risk. Would this be used for more than just selling shares as monies come back, or is this part of a broader strategy by the minister?
On November 24th, 2016. See this statement in context.