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The Euro as an International Currency

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  • Leandros, Panayota

Abstract

In world currency markets, the emergence of the euro has not yet changed the relative position of the old European currencies to the US dollar and the Japanese yen. This article attempts to answer whether Europeans want the euro to become an international currency, whether the euro able to occupy such a position, and if the euro could acquire international status would this then contribute to improving the stability of the international monetary system?

Suggested Citation

  • Leandros, Panayota, 2005. "The Euro as an International Currency," MPRA Paper 91393, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:91393
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    References listed on IDEAS

    as
    1. Kirrane, Chris, 2003. "The Choice of Exchange Rate Regimes for EU Accession Countries," MPRA Paper 88877, University Library of Munich, Germany.
    2. Gabriele Galati & Kostas Tsatsaronis, 2003. "The impact of the euro on Europe's financial markets," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 12(3), pages 165-222, August.
    3. Kirrane, Chris, 1996. "Maastricht and Monetary Cooperation," MPRA Paper 88999, University Library of Munich, Germany.
    4. Kirrane, Chris, 2003. "The IMS and the Euro," MPRA Paper 88751, University Library of Munich, Germany.
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    More about this item

    Keywords

    Euro;

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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