Voorbeelden van het gebruik van Fixed exchange rate in het Engels en hun vertalingen in het Nederlands
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A final important point is that in a monetary union a fixed exchange rate is not really the mean of all currencies, but instead reflects the
The increasingly closer integration of the European economies calls for greater monetary coordination, against a background marked by the disappearance of fixed exchange rate regimes and the globalization of the world economy.
as a unilateral commitment within ERM II provided that there is a mutual agreement about the fixed exchange rate prevailing under the CBA
are to be forced, as you intend, to keep a fixed exchange rate with the euro.
are not members of the monetary union- as they should not be- are forced to keep a fixed exchange rate with the euro and thus with their most important trading partners.
This would seem to be a more promising approach than a precipitate admission of all Member States to the irrevocably fixed exchange rate system with the risk of a complete failure of the monetary union with all its adverse consequences for the process of European integration.
which determined the irrevocably fixed exchange rate of the euro vis-à-vis the Slovak koruna.
This allows fixed exchange rates between countries.
A single currency also has several advantages over irrevocably fixed exchange rates.
The prison of the fixed exchange rates.
GRAPH I: Fiscal expansion with fixed exchange rates.
Fixing exchange rates reflect the real value of equilibrium in the market.
recalculate price lists on-the-fly using fixed exchange rates.
This system of truly fixed exchange rates would subsequently give way to the use of the ecu as the single currency of the whole Com munity.
Countries with(relatively) fixed exchange rates are the most vulnerable in that respect.
The Committee is firmly convinced that on the basis of fixed exchange rates, the ensuing problems cannot and must not be
The Committee is firmly convinced that on the basis of fixed exchange rates, the ensuing problems cannot and must not be solved via a specific low wages policy.
From the monetary angle, union aims are not limited to achieving irreversibly fixed exchange rates, but also include the introduction of a single currency, the ECU.
With one exception, there is not likely to be much change by comparison with fixed exchange rates and the internal market 1992 programme.
The transitional period, bringing about, according to the Commission memorandum, both economic union and fixed exchange rates, not to mention monetary union.