LAWSON REPEATS HE IS CONTENT WITH STERLING LEVEL
U.K. Chancellor of the Exchequer Nigel
today repeated that he was satisfied with the current level of
sterling, both against the dollar and the West German mark.
    Lawson said in a television interview that he did not
regard the pound's present exchange rate was uncomfortably
high.
    "I think it is round about right," he said.
    "I think there was a time that they (British manufacturers)
thought the (exchange) rate was uncomfortably high. But I think
they are very satisfied with the present level."
    "But I have made it absolutely clear that I don't want to
see the pound go through the roof," he added.
 Reuter
