What does ERM stand for?

Exchange Rate Mechanism (finance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

Other Resources:

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Environmentally Responsible Manufacturing Epiretinal Membrane Estrada Resign Movement (political group in the Philippines) Estrogen Receptor Methylation ETSI (European Telecommunications Standards Institute) Committee on EMC and Radio Spectrum Matters European Exchange-Rate Mechanism European Restructuring Monitor Event Report Manager (GDMO) Events Resourcing Model Exact Repeat Mission		Explicit Rate Marketing (Stratacom) Exploitation Requirements Management Extended Range Munition (Army/Navy) Extended Reliability Model Extension, Renovation and Modernization (India) External Relationships Management New Exchange-Rate Mechanism Enterprise Risk Management Institute International (also seen as ERMII; Georgia) Extended Reliability Model for Transient Faults Easily Recognizable Military Acronym

Samples in periodicals archive:

Clarke is no stranger to financial crises: he became chancellor in 1993 after so-called Black Wednesday, when the British currency was forced out of the European Exchange Rate Mechanism.

Clarke returns to Tory frontline

It's far greater, too, than the devaluation that followed Britain's ejection from the Exchange Rate Mechanism on Black Wednesday in 1992, from which the Tories took 15 years to recover in the polls.

A Sterling challenge

Just as the pound's tumble after Britain left the European exchange rate mechanism in 1992 led to a surge in exports, the weaker pound should help firms exporting to the US and continental Europe.

Q&A: The pound

In 1992, George Soros famously bet against the pound, eventually forcing it out of the European Exchange Rate Mechanism and earning himself a profit of [pounds sterling]500 million (it seemed like more at the time).

Soros's non-speaking role in the UK drama; Loyal nephew: Peter Soros

His heavy bets against sterling helped force it out of the European exchange rate mechanism in 1992, netting himself an estimated $1bn profit that Black Wednesday.

End of the road for cheap and easy borrowing

He said the Black Wednesday crisis that saw Britain crash out of the Exchange Rate Mechanism in 1992 - when he was a Treasury adviser - had taught him it was vital for the Chancellor to leave the Government after episodes of such economic "calamity".

Sacking call over 'disaster' for jobs; Northern Rock

16, 1992, when Britain was kicked out of the European Exchange Rate mechanism, which pegged the pound to other EU member currencies.

Pound hits 26-year high vs. dollar

The pound last reached EUR2 in mid-September 1992, just before the pound was kicked out of the European Exchange Rate Mechanism on Black Wednesday.

Pound set to equal EUR2