exchange rate mechanism

English - English

Definition of exchange rate mechanism in English English dictionary

method for protection of a stable exchange rate, part of a monetary organization of the EEC that began working in 1999

ERM a system for controlling the exchange rate between the money of one country and that of another

erm

Hyphenation

ex·change rate mech·a·ni·sm

Turkish pronunciation

îksçeync reyt mekınîzım

Pronunciation

/əksˈʧānʤ ˈrāt ˈmekəˌnəzəm/ /ɪksˈʧeɪnʤ ˈreɪt ˈmɛkəˌnɪzəm/