According to the Bun​des​bank Law of 1957, the Bun​des​bank’s mandate was rather broadly deﬁned as to “safeguarding the currency”. [1] Forty years later, in the wake of the evolving European economic and monetary union, the Bun​des​bank’s mandate became focused on “maintaining price stability”. After the ﬁnancial crisis, the Financial Stability Act of 2013 prominently provided for the Bundesbank to contribute to safeguarding ﬁnancial stability.
I pray that your continuing commitment to the cause of agriculture will be an inspiration and a matter of pride to the future generations. Thank you. 6  BIS Review 74/2008