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The ECU: Birth of a New Currency
by: Polly Reynolds Allen
1986, 67 pages
Type: Occasional Paper [20]
ISBN: 1-56708-019-7
Keywords: European Union, Monetary Policy

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This report looks at the relation of the private European Currency Unit (ECU) to the official ECU and the degree to which it is being used in various markets. The report also discusses some of the explanations for the private ECU's success and the ECU's role as a currency.


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