currency union in English

agreement between countries to preserve related exchange rates

Use "currency union" in a sentence

Below are sample sentences containing the word "currency union" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "currency union", or refer to the context using the word "currency union" in the English Dictionary.

1. In a currency union these transactions costs are eliminated.

2. In a currency union, individual economies cannot alter their exchange rates to account for changes in relative competitiveness.

3. That ambiguity was born of an unwillingness – or inability – to provide a clear description of how a multi-currency union will function in the long term.

4. 5 A separate showdown is also under way: a high-stakes slugfest pitting euro zone leaders and their competing visions of the currency union against each other.

5. 31st March 2021, Bridgetown, Barbados – On 31 March 2021, ‘DCash’, designed and developed by international fintech company Bitt in partnership with the Eastern Caribbean Central Bank (ECCB), became the world’s first retail central bank digital currency (CBDC) to be publicly issued within a formal currency union.