Exchange Rate Mechanism

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ERM
Pronunciation
/ɪksˈʧeɪnʤ reɪt ˈmɛkəˌnɪzəm/
Category
Business
Related Field
Stock Exchange

Examples in Context

  1. He described Britain's entry into the European Exchange Rate Mechanism(ERM) as an historic move.
  2. We will firmly carry out reform of Renminbi exchange rate mechanism.
  3. Before the euro, the D-Mark was the centre of the exchange rate mechanism.
  4. From the short and medium-term, the focus of future exchange rate regime is to perfect exchange rate mechanism and develop foreign exchange market.
  5. Speculation against the pound forced Britain out of the exchange rate mechanism in August 1992; and the Thai baht collapsed in August 1997, setting the stage for the subsequent Asian financial crisis.

Other meanings of ERM

Enterprise Risk Management Business
Enterprise Resource Management Computing
Electronic Records Management Business
European Rate Mechanism Regional
Enterprise Relationship Management Computing
Employee Relationship Management Business
Electronic Relationship Management Business
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