European Exchange Rate Mechanism
id:
european-exchange-rate-mechanism-171-9709134
title:
European Exchange Rate Mechanism
text:
The European Exchange Rate Mechanism (ERM II) is a system introduced by the European Economic Community on 1 January 1999 alongside the introduction of a single currency, the euro as part of the European Monetary System (EMS), to reduce exchange rate variability and achieve monetary stability in Europe. After the adoption of the euro, policy changed to linking currencies of EU countries outside the eurozone to the euro. The goal was to improve the stability of those currencies, as well as to gai
brand slug:
wiki
category slug:
encyclopedia
description:
European system to reduce exchange rate variability after the Euro
original url:
https://en.wikipedia.org/wiki/European_Exchange_Rate_Mechanism
date created:
2003-10-06T10:39:00Z
date modified:
2024-09-01T10:19:40Z
main entity:
{"identifier":"Q733221","url":"https://www.wikidata.org/entity/Q733221"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/f/f1/Eurozone_map.svg","width":1300,"height":1300}
fields total:
13
integrity:
16