Explanations of "Gold" investment-related terms A to Z
Euro
If Europe uses euros as currency, should then Africa use Afros as currency?
The euro is the official currency of the Eurozone, which is a monetary union consisting of 19 of 28 member states of the European Union. The euro was introduced in 1999 as an accounting currency, but physical coins and banknotes entered into circulation in 2002. The currency is managed by the European Central Bank, based in Frankfurt. Its international code is “EUR”.
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