andMr. Bruton asked the Minister for Finance if the parity grid system will allow the full maintenance of continuous one-for-one parity of the púnt and the pound sterling, even if both Ireland and Britain enter the European Monetary System.
Written Answers. - European Monetary System.
478.
While special arrangements would have to be agreed for the purpose, it should be feasible, in the circumstances mentioned by the Deputy, to maintain the one-for-one parity with sterling in the European Monetary System while applying a parity grid, with margins, against other members of the system.