| 单词 | exchange rate mechanism |
| 释义 | > as lemmasExchange Rate Mechanism Exchange Rate Mechanism n. a method of stabilizing exchange rates within the European Monetary System, by which the currencies of some EC countries are linked to the ECU to limit excessive exchange-rate fluctuations; abbreviated ERM n. at E n.1 Initialisms. 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 1978 Financial Times 6 Dec. 2/6 Following are the main points of the official communiqué issued by the European Council yesterday..announcing details of the planned European Monetary System (EMS)... The ECU will be used..as the denominator..for the exchange rate mechanism. 1991 Economist 29 June 27/1 Sterling's membership of the exchange-rate mechanism was acceptable at the current wide 6% band because ‘it is in a way like anchoring something to the gold standard’. < as lemmas |
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