■hk;
H
fi
I IBB SB üBlilHgHi Hill IBB
iijHHggBgBSilHHB
- WÊÊÊMmmmmmmmmi
iimimmi iim mw
H— M—
mil iim mu mil nBHHH
■mi ■■■■■■n
HIM HIM HIM mil mil HIM NMI
im urn m
iim ijlkimi
jjj
üm mi
Consequently, on balance the interest rate level in the various capital
markets rose to some extent. This was also the case for the Netherlands
- despite historical high real interest rates - with an interest rate level on
the capital market of more than 10% and an inflation rate of 6% to 7%.
For the Netherlands the tendency to higher interest rates was
strengthened by the huge budgetary deficit and the disappointing
development of the balance of payments. The inflow of foreign capital
constituted a compensatory factor. The outlook is that this situation will
continue in 1981.
120
>-
3
Jj
E
S'
o
aj
z
Q
IIU
■V I V
Rate ofexchange
developments at
Amsterdam in 1980,
based on the
official quotations;
wednesday-quotation
2 January =100
132
130
128
Pound
Swiss franc
Dollar
German Mark
Yen
Guilder
126
118
116
110
108
D
■g
_Q
0
m
2
April
0
0
A
-Q
E
o
E
Ul
■UH
■hh ■■■iftai
nil«
UUUUU UUUUU
index
1980 1
19
