Re: Euro symbol
H. Peter Anvin (hpa@transmeta.com)
Sun, 19 Apr 1998 07:13:25 -0700 (PDT)
> Hi there.
>
> >> Cummon. ECU already exists. Euro is supposed to be something new!
>
> > Yeah, but is it?
>
> My understanding is that the EURO will have a fixed conversion rate to
> the ECU with the rate being 1.95 EURO's per ECU - so basically, it's
> just a means of devaluing the ECU without officially declaring it to
> be a devaluation...
>
> Best wishes from Riley.
>
Not really, it's more of a split. Either way, it seems like they
could just have co-opted the ECU instead (the unit would have been
more on the size of the British pound than the American dollar that
way; IMO so much the better :)
-hpa
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