Phrases with «currency bloc»

Currency bloc refers to a group of countries that share the same currency or have their currencies closely linked together. It allows for easier trade and economic cooperation among the countries within the bloc because they don't have to constantly exchange currencies when doing business with each other. Full definition

Sentences with «currency bloc»

  • The ECB argued that cross-border interbank trading in the 19 - member currency bloc remains relatively low, cross-border equity or bond holdings are not increasing, and retail banking integration is limited. (reuters.com)
  • In a preliminary estimate, the single currency bloc grew by only 0.4 % quarter - on - quarter in the January - to - March period, marking the lowest rate since the third quarter of 2016. (financialtribune.com)
  • Inflation across the 19 - country eurozone remains stubbornly low even though the economic recovery across the single currency bloc appears to be gaining more and more momentum. (baltimoresun.com)
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