ERM
1) Exchange rate mechanism. Artificial means by which the parity of respective currencies of individual EU member states (or any others) is retained (ie by permitting currencies to ‘float’ only within limited exchange rate ranges).
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ERM 1) Exchange rate mechanism. Artificial means by which the parity of respective currencies of individual EU member states (or any others) is retained (ie by permitting currencies to ‘float’ only within limited exchange rate ranges). |
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