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  2. Currency pair - Wikipedia

    en.wikipedia.org/wiki/Currency_pair

    A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.

  3. List of countries by exchange rate regime - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...

  4. European Central Bank - Wikipedia

    en.wikipedia.org/wiki/European_Central_Bank

    Wim Duisenberg, first President of the ECB. The European Central Bank is the de facto successor of the European Monetary Institute (EMI). [7] The EMI was established at the start of the second stage of the EU's Economic and Monetary Union (EMU) to handle the transitional issues of states adopting the euro and prepare for the creation of the ECB and European System of Central Banks (ESCB). [7]

  5. Dollar rises vs euro as traders eye ECB rate decision

    www.aol.com/news/dollar-loses-steam-euro-heaves...

    NEW YORK (Reuters) -The U.S. dollar rose against the euro on Wednesday in a choppy session, but its gains were capped as traders were hesitant to drive big moves ahead of a crucial European ...

  6. Graphic: Did someone say rate cut? Five questions for the ECB

    www.aol.com/news/graphic-did-someone-rate-cut...

    With a U.S./China trade war hurting euro zone exporters and the Federal Reserve expected to lower U.S. rates at its July 30-31 meeting, markets are betting on a September ECB rate cut.

  7. European Exchange Rate Mechanism - Wikipedia

    en.wikipedia.org/wiki/European_Exchange_Rate...

    Latvia had a fixed exchange-rate system arrangement whose anchor switched from the SDR to the euro on 1 January 2005. 28 June 2004 – 31 December 2014 Lithuania: Litas (Lt.) 3.4528: 15% 0% The litas was pegged to the US dollar until 2 February 2002, when it switched to a euro peg. 10 July 2020 – 31 December 2022 Croatia: Kuna (kn.) 7.53450 ...

  8. Currencies of the European Union - Wikipedia

    en.wikipedia.org/wiki/Currencies_of_the_European...

    The euro is the result of the European Union's project for economic and monetary union that came fully into being on 1 January 2002 and it is now the currency used by the majority of the European Union's member states, with all but Denmark (which has an opt-out in the EU treaties) bound to adopt it.

  9. European shares rally, eyeing ECB rates move - AOL

    www.aol.com/news/european-shares-rally-eyeing...

    All focus was on the ECB, which is considered almost certain to trim rates by a quarter point to 3.75% on Thursday, which would make it the first major central bank to cut rates this cycle.