NS&I and Parity grid: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
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''UK.''
The matrix of bilateral par values for the currencies of Members of the former European Monetary System.


National Savings and Investments is a UK state-owned savings bank.
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.


NS&I is a non-ministerial government department and an executive agency of the Chancellor of the Exchequer.


 
== See also ==
==See also==
* [[European Monetary System]]
 
* [[Parity]]
* [[UK Asset Resolution]]
 
[[Category:The_business_context]]

Revision as of 13:02, 5 May 2016

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