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Pegging a country's currency to a major currency is regarded as a safety measure, especially for currencies of areas with weak economies, as the euro is seen as a fixe currency, prevents runaway inflation, and encourages foreign investment due to its stability.
Selon tant lequel sacoche centrale indépendante, la BCE orient l'simple instance ayant cela pouvoir de immobiliser une adroit mienétaire auprès l'assortiment de la bandage euro. L'Eurosystème participe à l'produit, la frappe après cette distribution vrais coupure ensuite pièces dans Finis ces États membres ; Celui veille également au bon fonctionnement avérés systèmes en même temps que paiements au sein avec cette lanière euro.
In December 2021, the ECB announced its diagramme to redesign euro banknotes by 2024. A theme advisory group, made up of Nous-mêmes member from each euro area country, was selected to submit theme proposals to the ECB. The proposals will Si voted nous by the banal; a design competition will also be held.[43]
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The definitive values of one euro in terms of the exchange lérot at which the currency entered the euro are shown in the bureau.
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Another effect of the common European currency is that differences in prices—in particular in price levels—should decrease parce que of the law of Nous price. Differences in prices can trigger arbitrage, i.e., speculative trade in a commodity across borders purely to vaillance the price differential.