Home > Terms > English, UK (UE) > Exchange rate mechanism

Exchange rate mechanism

A system that was operated by some central banks within the European Union, which intervened in exchange markets to limit the fluctuations of their currencies relative to one another, while letting all of them collectively float.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Automotive Category: Automobile

batmobile

This car built by Nissan is an experimental DeltaWing, designed like the famous Batmobile. The purpose of the car is to promote fuel efficiency, with ...

Contributor

Featured blossaries

Ghetto Slang

Category:    1 7 Terms

Dark Princess - Stop My Heart

Category: Entertainment   1 10 Terms