BIS Review 100/2000  4  This dilemma has been resolved, satisfactorily in my view, by a five-year funding agreement in which the Bank and the Minister agree on the quantum of funds that the Bank will be able to spend on its own operations.
After 1983, the exchange rate of the guilder was more or less pegged to the exchange rate of the Deutsche Mark. And as was expected in the 1970s, price developments in the Netherlands very much mirrored those in Germany.