Where the settlement of a deal is rolled forward to another value date based on the interest rate differential of the two currencies.
EMS
(European Monetary System), an agreement between member nations of the European Union to maintain an alignment between the exchange rates of their respective currencies.
USD
It's normally condensed as the dollar sign, $. The U.S. dollar is divided into 100 cents.
ERO
The euro is the currency of 13 European Union countries.
