The Euro currency is fixed against other currencies on the international currency exchange markets, but allows member country currencies to float against each other.

Name: The Euro currency is fixed against other currencies on the international currency exchange markets, but allows member country currencies to float against each other.
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The Euro is a common currency used by many of the European Union member countries, meaning they do not have separate currencies to float against each other.

The Euro Currency Is Fixed Against Other Currencies on the International