| 单词 | european monetary system |
| 释义 | European Monetary Systemnouna Common Market program designed to narrow the fluctuation of western European currencies against one another. Abbreviation: EMS Words nearby European Monetary SystemEuropeanism, Europeanist, Europeanize, European larch, European Monetary Institute, European Monetary System, European Monetary Union, European oyster, European Parliament, European plan, European raspberry Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020 British Dictionary definitions for European Monetary SystemEuropean Monetary System nounthe system used in the European Union for stabilizing exchange rates between the currencies of member states and financing the balance-of-payments support mechanism. The original Exchange Rate Mechanism was formed in 1979 but superseded in 1999 when the euro was adopted as official currency of 11 EU member states. A new exchange rate mechanism (ERM II) based on the euro is used to regulate the currencies of participating states that have not adopted the euroAbbreviation: EMS Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 |
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