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Definition of the exchange-rate mechanism from the Oxford Advanced Learner's Dictionary

the exchange-rate mechanism

/ði ɪksˈtʃeɪndʒ reɪt mekənɪzəm/

/ði ɪksˈtʃeɪndʒ reɪt mekənɪzəm/

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ERM

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noun

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B2

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