What is the definition of Monetary union? | Dictionary.net

MONETARY UNION

\mˈʌnɪtəɹi jˈuːni͡ən], \mˈʌnɪtəɹi jˈuːni‍ən], \m_ˈʌ_n_ɪ_t_ə_ɹ_i j_ˈuː_n_iə_n]\

Definitions of MONETARY UNION

1910 - Black's Law Dictionary (2nd edition)

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One more central banks using closely coordinated monetary policies to manage one or more currencies having a fixed mutual exchange rate monitored and controlled by two or more countries.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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