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Currencies realigned again

Article Abstract:

The finance committee of the European Community on Nov 22, 1992, agreed to devalue the currencies of Spain and Portugal using the exchange-rate mechanism of the European Monetary System. The alignment was the third in 10 weeks.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1992

Spain, Portugal

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Irish currency devalued: EC monetary system realigned again

Article Abstract:

The Irish government devalued the Irish punt Jan 30, 1993, within the European Community's (EC) exchange rate mechanism (ERM). The move signals a continuing effort by the EC to keep the ERM in place.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993

Prices and rates, Foreign exchange, Foreign exchange rates, Punt (Ireland), Pound (Ireland)

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Subjects list: Economic aspects, Economic policy, European Union, European Community

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