| Could the euro match the dollar?
The smooth launch of euro notes and coins proved public acceptance of the currency while at the same time winning the ECB praise for managing the rollout without boosting inflation. However, the single currency's progress on the market continues to disappoint and euro supporters want it to become an international currency as widely used as the US dollar. What stands in the way of the euro ever being as credible as the dollar?
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What do you think of euro notes and coins so far? The eurozone got its new currency on January 1. What do you think of the new notes and coins and how the changeover has been handled? Tell us your good or bad news. To enter the discussion - click here
At what rate could sterling join Emu?
When sterling left the European Exchange Rate Mechanism in September 1992, it was trading at
the equivalent of £0.70 to the euro (DM2.95).
Now at around £0.61 to the single currency, most market observers believe sterling will have
to fall by at least 10 per cent before the UK could enter the euro-zone without harming the
country’s industry.
How low do you think sterling should go before it could be locked into the single currency?
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Britain and the euro dilemma UK politicians have turned their attention to the single European currency. Labour has drawn up a timetable for a euro referendum, which it will hold if the "economic conditions are right", while the Conservative party-line is to keep the pound, thereby keeping "control of our economic policy including the ability to set interest rates to suit British economic conditions." So which party is right? If a referendum were held in the next year or so, which way would you vote? To enter the discussion - click here
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