The balance of funds on the trade account. It is calculated using the following formula: balance + floating profit – floating loss.
The national currency of EU countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Slovenia, the Netherlands, Portugal and Spain. In circulation since 2002.
European Currency Unit (ECU)
A currency unit that has been in use by European Monetary System from 1979 till 1998.
European Monetary System (EMS)
EU countries relation in currency sphere, which has a goal to provide a stable national currencies rates ratio. Another goal is the facilitation of stabilization of foreign economic relations in general.
The Process of completing an order or deal.
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