Parity grid: Difference between revisions
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The grid establishes the intervention prices between which member governments are obliged to maintain the exchange value of their currency in terms of every other group currency. | The grid establishes the intervention prices between which member governments are obliged to maintain the exchange value of their currency in terms of every other group currency. | ||
== See also == | == See also == | ||
* [[European Monetary System]] | * [[European Monetary System]] | ||
* [[Parity]] | |||
Revision as of 13:00, 5 May 2016
The matrix of bilateral par values for the currencies of Members of the European Monetary System.
The grid establishes the intervention prices between which member governments are obliged to maintain the exchange value of their currency in terms of every other group currency.
