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the exchange rate mechanism

См. также в других словарях:

  • (the) exchange-rate mechanism — the exchange rate mechanism [the exchange rate mechanism] ; » ↑ERM …   Useful english dictionary

  • (the) exchange rate mechanism — the exchange rate mechanism UK US See:ERM …   Useful english dictionary

  • the exchange rate mechanism — UK / US See: erm …   English dictionary

  • Exchange Rate Mechanism — (ERM) One of the components for the establishment of the single European currency. It provided a central exchange rate for national currencies against the European Currency Unit, thereby intending to stabilise exchange rates, encourage trade… …   Law dictionary

  • Exchange Rate Mechanism — noun A former arrangement to regulate exchange rate fluctuations between participating currencies in the EMS by fixing their rates, and limiting fluctuation, against the ECU (abbrev ERM) • • • Main Entry: ↑exchange …   Useful english dictionary

  • Exchange Rate Mechanism — (ERM) method for protection of a stable exchange rate, part of a monetary organization of the EEC that began working in 1999 …   English contemporary dictionary

  • Exchange Rate Mechanism — ( ERM) The methodology by which members of the EMS maintain their currency exchange rates within an agreed upon range with respect to other member countries. Bloomberg Financial Dictionary * * * Exchange Rate Mechanism Exˈchange Rate ˌMechanism… …   Financial and business terms

  • Exchange Rate Mechanism - ERM — An exchange rate mechanism is based on the concept of fixed currency exchange rate margins. However, there is variability of the currency exchange rates within the confines of the upper and lower end of the margins. This currency exchange rate… …   Investment dictionary

  • exchange rate mechanism — ex change rate .mechanism n [U] ERM a system for controlling the exchange rate between the money of one country and that of another …   Dictionary of contemporary English

  • exchange rate mechanism — noun (U) a system for controlling the exchange rate between the money of one country and that of another; erm …   Longman dictionary of contemporary English

  • European Exchange Rate Mechanism — The European Exchange Rate Mechanism, ERM, was a system introduced by the European Community in March 1979, as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe, in… …   Wikipedia

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