ERM. A system created in 1979 as a way to reduce the volatility of the various Eurpoean currencies and to create a stable monetary system. The ERM created fixed margins in which a country's currency could operate. It was the predecessor of the European Economic and Monetary Union.
Related information about European Exchange Rate mechanism:
- European Exchange Rate Mechanism - Wikipedia, the free ...
The European Exchange Rate Mechanism (ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary ...
- Exchange rate mechanism (ERM II) between the euro and - Europa
EUROPA - Summaries of EU legislation - The Agreement establishes an exchange rate mechanism to replace the old European Monetary System (EMS), which ...
- Exchange Rate Mechanism (ERM) Definition | Investopedia
An exchange rate mechanism is based on the concept of fixed currency exchange rate margins. However, there is variability of the currency exchange rates ...
- European Exchange Rate Mechanism
The European exchange rate mechanism (or ERM) was a system introduced by the European Community in March 1979, as part of the European Monetary ...
- 1990-1992: Britain and the politics of the European exchange rate ...
Jan 13, 2006 ... Werner Bonefeld's detailed analysis of Britain's involvement in the European exchange rate mechanism, out of which it famously crashed in ...
- European exchange rate mechanism financial definition of ...
The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. Want to thank TFD for its ...
- European Exchange Rate Mechanism - The Free Dictionary
ERM N ABBR =Exchange Rate Mechanism → mecanismo m de cambios. ERM [ ˌiːɑːrˈɛm] n abbr (=Exchange Rate Mechanism) → mécanisme m du taux ...
- What is European Exchange Rate mechanism? - InvestorWords.com
Definition of European Exchange Rate mechanism: ERM. A system created in 1979 as a way to reduce the volatility of the various Eurpoean currencies and to ...