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European exchange rate mechanism |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Tusk's government has said it wanted Poland to enter the ERMII or European Exchange Rate Mechanism II in the first half of 2009, but analysts doubt that this will be possible because of the zloty's volatility. |
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