ERM

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ERM

Exchange Rate Mechanism

Used prior to the adoption of the euro, a method for reconciling differing exchange rates between currencies, allowing participation in the single European currency. Established in 1979, it was known as a "semi-pegged" system in which currencies were variable with respect to each other only within a certain range. After the introduction of the euro in 1999, the exchange rate mechanism was replaced by ERM II, which reconciles exchange rates for countries wishing to join the eurozone.
References in periodicals archive ?
Till now, a few canonical markers, including Bcl6b, Csflr, Etv5, Gfral, Lhx1, Pou3f1, Ret, and Zbtb16 (Plzf), are well-studied and known to play important roles in regulating SSC self-renewal [1, 21, 22].
Among the refined network, five of the eight canonical markers (Etv5, Gfral, Lhx1, Pou3f1, and Ret) were involved, indicating that the predicted network may cover a wide range of bona fide regulatory interactions associated with SSC self-renewal.
A significant role for the ETS gene family, which encodes transcription factors in prostate cancer, was recently discovered by using a novel bioinformatics approach known as COPA (cancer outlier profile analysis) (86) that identified the oncogenes ERG (21q22.2), ETV1 (7p21.2), ETV4 (17q21), and ETV5 (3q27) as very highly expressed in a subset of prostate cancers on the basis of a large set of microarray data.