Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,540,414 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

European exchange rate mechanism
(redirected from ERM II)

   Also found in: Acronyms, Wikipedia 0.03 sec.
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.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
This is why we are trying to stabilise the exchange rate so that entry into ERM II -- the required waiting room before entering the eurozone in 2012 -- will be safe for each Polish citizen," Tusk said.
Countries with high public debt and with a currency board arrangement will try to join the euro area quickly, because ERM II (Exchange Rate Mechanism) participation will lead to a welfare loss.
Combined with ERM II membership, this has enabled Denmark to maintain a credible and successful fixed exchange rate regime.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.