Common Currency
A shared currency that is used by different geographic or political groups. The Euro is a common currency of nations in the European Union, and the United States dollar serves as a common currency for many regions of the world. The use of common currencies facilitates business and trade across national or societal boundaries.
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economic and monetary union
Maastricht Treaty
euro ( )
European Central Bank
European Monetary Union
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open position
safeguarding of assets
outright forward (NDF)