Occasional Papers

The European Monetary System: The Experience, 1979-82

ByPeter Nyberg, Horst Ungerer, Owen Evens

May 16, 1983

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Peter Nyberg, Horst Ungerer, and Owen Evens. The European Monetary System: The Experience, 1979-82, (USA: International Monetary Fund, 1983) accessed 12/6/2025, https://doi.org/10.5089/9781557750631.084

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Summary

This paper is concerned with developments in the European Monetary System (EMS) from its start in March 1979 through December 1982.

Subject: Asset and liability management, Banking, Credit, Currencies, Exchange rates, Foreign exchange, Foreign exchange intervention, International liquidity, Money

Keywords: central bank, Credit, Currencies, EC country, EMS, EMS Band, EMS country, EMS credit facilities, EMS currency, EMS participant, Europe, exchange rate, Exchange rates, Foreign exchange intervention, Global, International liquidity, OP

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