Euro-currency market as recycling medium

Helmut Mayer

Intereconomics – Review of European Economic Policy (1966 - 1988), 1975, vol. 10, issue 4, 109-112

Abstract: During the past year the Euro-currency market played a very large role in bridging over the oil-induced payments imbalances. In the interest of international monetary stability this market should now move somewhat away from the centre of the stage and leave the main responsibility for the recycling of oil funds to the official financing mechanisms.

Keywords: Monetary; Policy (search for similar items in EconPapers)
Date: 1975
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139181

DOI: 10.1007/BF02929600

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