| 单词 | erm |
| 释义 | > as lemmasERM ERM n. now historical Exchange Rate Mechanism, a method of stabilizing exchange rates within the European Monetary System (see Exchange Rate Mechanism n. at exchange n. Additions). ΘΚΠ society > trade and finance > financial dealings > types of money-dealing > [noun] > money-changing > rate of exchange > determination of Arbitration of Exchange1811 Exchange Rate Mechanism1978 ERM1982 1982 Amer. Banker 14 Dec. 30/3 It is argued that the pound would have been more stable in the ERM, and this argument is being heard again in view of the recent sharp fall in the currency. 1993 Sun 31 May 2/2 New Chancellor Ken Clarke, a keen ERM supporter has deliberately kicked the issue into touch. 2001 R. Holt Second amongst Equals (2002) viii. 231 The central bank was pursuing an offsetting policy of high German interest rates, thereby placing on the ERM the strains from which sterling was suffering. < as lemmas |
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