European Exchange Rate Mechanism

formerly
mécanisme m de change européen

English-French business dictionary. 2013.

Regardez d'autres dictionnaires:

  • 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

  • European Exchange Rate Mechanism — noun (singular) the ERM; a system for controlling the exchange rate between the money of the different countries of the European Union …   Longman dictionary of contemporary English

  • European exchange rate mechanism — ( ERM) The system that countries in the European Union once used to pay exchange rates within bands around an ERM central value. Bloomberg Financial Dictionary …   Financial and business terms

  • 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 — ( 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 — (ERM)   A core component of the European Monetary System (EMS), and the central element by which the EMS seeks to stabilize and limit currency fluctuations …   Glossary of the European Union and European Communities

  • Exchange Rate Mechanism — (ERM)    Introduced as part of the European Monetary System in 1979, the ERM was the first stage of a plan for closer financial integration within the European Union. It was designed to minimise currency exchange fluctuation among the countries… …   Glossary of UK Government and Politics

  • exchange rate mechanism — /ɪks tʃeɪndʒ reɪt ˌmekənɪz(ə)m/ noun a method of stabilising exchange rates within the European Monetary System, where currencies could only move up or down within a narrow band (usually 2.25% either way, but for certain currencies widened to 6%) …   Dictionary of banking and finance

  • Exchange Rate Mechanism — ERM See: European Monetary System …   Accounting dictionary

  • Exchange Rate Mechanism — ERM See European Monetary System …   Big dictionary of business and management

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