Increase of Margins
In August 1993, the margin had to be expanded to 15% to accommodate speculation against the French franc and other currencies.
Read more about this topic: European Exchange Rate Mechanism
Famous quotes containing the words increase and/or margins:
“The whole value of history, of biography, is to increase my self-trust, by demonstrating what man can be and do.”
—Ralph Waldo Emerson (1803–1882)
“Everything is becoming science fiction. From the margins of an almost invisible literature has sprung the intact reality of the 20th century.”
—J.G. (James Graham)
Related Phrases
Related Words