Parity grid: Difference between revisions
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The matrix of bilateral par values for the currencies of Members of the European Monetary System. | The matrix of bilateral par values for the currencies of Members of the former European Monetary System. | ||
The grid | The grid established the intervention prices between which member governments were obliged to maintain the exchange value of their currency, in terms of every other group currency. | ||
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* [[European Monetary System]] | * [[European Monetary System]] | ||
* [[Parity]] | * [[Parity]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 21:14, 1 July 2022
The matrix of bilateral par values for the currencies of Members of the former European Monetary System.
The grid established the intervention prices between which member governments were obliged to maintain the exchange value of their currency, in terms of every other group currency.
