European Exchange Rate Mechanism - A2ZCORE

European Exchange Rate Mechanism

european-exchange-rate-mechanism-1753052057707-26dd08

Description

The European Exchange Rate Mechanism (ERM II) is a system introduced by the European Economic Community on 1 January 1999 alongside the introduction of a single currency, the euro as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe.

ID: european-exchange-rate-mechanism-1753052057707-26dd08

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