Increase of Margins
In August 1993, the margin had to be expanded to 15% to accommodate speculation against the French franc and other currencies.
Read more about this topic: European Exchange Rate Mechanism
Famous quotes containing the words increase and/or margins:
“It shows nobility to be willing to increase your debt to a man to whom you already owe much.”
—Marcus Tullius Cicero (106–43 B.C.)
“Everything is becoming science fiction. From the margins of an almost invisible literature has sprung the intact reality of the 20th century.”
—J.G. (James Graham)
Related Phrases
Related Words