Portuguese translation: mecanismo de câmbio completo
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English to Portuguese translations [PRO] Bus/Financial - Economics
English term or phrase:fully fledged exchange rate mechanism
It will be difficult to get the balance right, but it is right to accept that we are living in a much changed world of exchange rate movements. Massive sums of money move rapidly, and within a fully fledged exchange rate mechanism we will need co-ordination mechanisms which have an indigenous authority and which operate quickly.