Sentence examples for single exchange rate from inspiring English sources

The problem with the euro The eurozone bound diverse economies in a single exchange rate and a single interest rate.

Tabibian had long called for a single exchange rate determined by the market, but the government chose instead to adopt an artificially low rate.

Rather than the single exchange rate that we're accustomed to when buying foreign currency, Venezuela now has a three-tier rate, in which the bolivar is worth a different amount in dollars based on the method of exchange.

The central bank would set a single benchmark interest rate and the euro would have a single exchange rate, so national leaders would never again be able to devalue their currency to remain competitive.

Although euro banknotes and coins did not make their appearance until 2002, economic and monetary union (EMU) started in 1999 with a single exchange rate and monetary policy run by the European Central Bank (ECB).

This is certain to be tumultuous, because imposing a single exchange rate across the entire country will bring overnight price drops in some places and huge rises in others.

Earlier this month, the government announced that it would try to resolve these imbalances by creating a single, unified exchange rate system.

Jean-Claude Juncker, the head of the Eurogroup of finance ministers, this week called the single currency's exchange rate "dangerously high".

The rise of the single currency's exchange rate is one of the main reasons eurozone inflation is at a dangerously low 0.5%.

Yet this should—should be manageable since the European Central Bank is free to make monetary policy and the single currency's external exchange rate is perfectly flexible.

A single currency entails a fixed exchange rate among the countries, and a single interest rate.