Wednesday, December 12, 2012

European Finance Unit

European Finance Unit

European finance unit - the main goal of the European monetary union is put
A common currency called the euro European, which will replace the national currencies of countries
Members of the European Union in 2002. Currently, the euro currency is used for transactions
Banking and securities and foreign exchange. Current members of the European Monetary
European are: Germany, France, Belgium, Luxembourg, Austria, Finland, Ireland, the Netherlands,
Italy, Spain and Portugal.

Exposure to economic risk - the risk to cash flows of the companies resulting from
Fluctuations in foreign exchange rates.

Authority federal deposit insurance company ( FDIC )- regulatory agency responsible for
Administration on bank deposit insurance in the United States
Federal Reserve( FED )- Central Bank of the United States.

No comments:

Post a Comment