TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

exchange rate mechanism [2 records]

Record 1 2016-12-21

English

Subject field(s)
  • Currency and Foreign Exchange
CONT

The existing set of monetary arrangements in Europe -- the exchange rate mechanism (ERM) of the European Monetary System (EMS) -- has reduced the need for a stable demand for money in the member countries. The EMS has functioned as an asymmetrical system, with Germany, the "anchor" country, pursuing a monetary policy based on money supply targets. The other member countries have dedicated their monetary policies primarily to stabilizing the values of their currencies vis-à-vis the Deutsche mark.

OBS

exchange rate mechanism; ERM: terms reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

French

Domaine(s)
  • Politique monétaire et marché des changes
CONT

Entre 1992 et 1995, les banques centrales, ont eu de nombreux revers de fortunes. Elles n'étaient apparemment pas en mesure de résister aux assauts des spéculateurs qui sont parvenus à mettre en pièces le Mécanisme de change européen, avant de précipiter le dollar à son niveau historiquement le plus bas en 1995.

OBS

mécanisme de change : terme extrait du «Glossaire économique» et reproduit avec l’autorisation de l’Organisation de coopération et de développement économiques.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
DEF

Mecanismo estabilizador de los tipos de cambio que forma parte del Sistema Monetario Europeo. Los bancos centrales deben actuar coordinadamente para mantener a las divisas dentro de los límites fijados (hasta 1993 un 2.25% y posteriormente un 15%).

CONT

Las recientes conmociones de los mercados cambiarios de Asia sudoriental, el desencadenamiento de la crisis de México y el colapso del mecanismo europeo de ajuste de cambios en 1992-93 han despertado un mayor interés en las causas y los síntomas de las crisis cambiarias.

OBS

mecanismo de tipos de cambio; MTC: términos y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

Save record 1

Record 2 1997-11-11

English

Subject field(s)
  • Currency and Foreign Exchange
  • Financial and Budgetary Management

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Gestion budgétaire et financière

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
  • Gestión presupuestaria y financiera
Save record 2

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