The American Dollar against the Euro Finance Essay
The Euro was launched on January 1, 1999, when 11 countries (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxemburg, The Netherlands, Portugal, and Spain) came together as one European Economic and Monetary Union (EMU) with a common currency Euro. After two years Greece joined EU. A common currency and monetary policy direct was created by the European Central Bank (ECU) after which all members of European Union fixed their currency in a specific rate against theA euro. During the first few […]