The Quota 90 () was a controversial revaluation of the lira undertaken by Mussolini, announced on August 18, 1926 at a speech in Pesaro, pegging the exchange rate to 92.46 lira against the Pound sterling (19 lira against the US Dollar)Peter Neville. 2003. Mussolini. Routledge. ISBN 0415249899. p. 77.George Holmes. 2001. The Oxford Illustrated History of Italy. Oxford University Press. ISBN 0192854445. p. 275.
The Quota has been described as the "most controversial measure undertaken by government before 1929," despite the general consensus that some revaluation was necessary among Italian bankers and industrialists.Alexander De Grand. 2000. Italian Fascism: Its Origins and Development. University of Nebraska Press. ISBN 0-8032-6622-7. p. 60-62. Minister of Finance Giuseppe Volpi—who preferred a rate of 120Franklin Hugh Adler. 1995. Italian Industrialists from Liberalism to Fascism. Cambridge University Press. ISBN 0521522773. p. 353. Many historians regard the Quota as motivated by... Read More