- Peter Nyberg, Horst Ungerer, and Owen Evens
- Published Date:
- May 1983
International Standard Serial Number: ISSN 0251-6365
Reprinted July 1984
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International Monetary Fund, Washington, D.C. 20431
This study was prepared in the European Department of the International Monetary Fund. Its authors are Horst Ungerer, Advisor, and Owen Evans and Peter Nyberg of the Central European Division. The authors are grateful to M. T. Hadjimichael, D. Burton, and T. Juncker for their contributions, and for helpful comments from other staff members.
The present study reviews developments in the European Monetary System from March 1979 to December 1982. As the study was completed in January 1983, it generally does not deal with more recent developments. However, the major realignment of currencies that took place in the European Monetary System on March 21, 1983 has been taken into account where relevant in the text, and the respective tables have accordingly been updated.
Views expressed in the study are those of the authors and do not necessarily represent the views of the Fund.