3  BIS Review 73/2000  As regards the cross-border exchange of national banknotes within the euro area, you may recall that the ECB decided, back in 1998, that each national central bank of the euro area has to provide for at least one location where an exchange of such national banknotes can be effected at the official conversion rates.
10. Permit me, Ladies and Gentlemen, to further state that these interventions are specific in scope and time and should be seen as stimulus for addressing financing gaps aimed at stirring the market dynamics towards MSME development. The ultimate responsibility for sustainable intermediation for the subsector lies with the financial markets.