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euro |
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euro [ˈjʊərəʊ] n pl -os
(Economics, Accounting & Finance / Currencies) the official currency unit, divided into 100 cents, of the member countries of the European Union who have adopted European Monetary Union; these are Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portgual, and Spain; also used by Andorra, Bosnia and Hercegovina, French Guiana, Guadeloupe, Kosovo, Martinique, Mayotte, Monaco, Montenegro, Réunion, San Marino, and the Vatican City ThesaurusLegend: Synonyms Related Words Antonyms
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| 0108 in July and a 15 percent drop from peak reached on the euro's market debut on Jan. Although the euro's initial phase-in was relatively smooth (interest rates and monetary policy in Europe are controlled by the new European Central Bank in Frankfurt, Germany; securities exchanges in all Euroland countries are trading in euros; and all interbank transfers are done in the new currency), many U. EURO's most significant asset is its royalty from the Rosebel mine in Suriname, owned and operated by Cambior Inc. |
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