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Fixed exchange rate area - PowerPoint PPT Presentation

Members of the Euro Zone as of January 1, 2001

European Union countries have progressively narrowed the fluctuations of their currencies against each other. Birth of the euro: January 1, 1999. Questions and concerns How and why did Europe set up its single currency? Will the euro be good for the economies of its members?

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Fixed exchange rate area - PowerPoint PPT Presentation

Members of the Euro Zone as of January 1, 2001