Metadata
Author: ECB
Data
English[en]
the fact that, notwithstanding these difficulties, right from its beginnings until its final destiny as part of the euro, the peseta has been well managed by reliable people. Finally, I will attempt to show you that our currency has tended to go against the tide in terms of the selection of the monetary standard during the first half of its existence, with a certain tendency towards overvaluation during specific periods, which the market inevitably corrected by drastic depreciation
Spanish[es]
elhecho de que, pese a ello y también desde su origen hasta su destino final en eleuro, la peseta ha sido bien administrada por gente solvente y, finalmente, trataré de hacerles ver que nuestra divisa ha tendido a ir contracorriente en laelección del patrón monetario en la primera mitad de su existencia, con ciertatendencia a la sobrevaloración en determinadas fases que el mercadoinevitablemente acabó corrigiendo con drásticas depreciaciones