Parity grid

From ACT Wiki
Revision as of 13:02, 5 May 2016 by imported>Doug Williamson (Update.)
Jump to navigationJump to search

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.


See also