Which of the following was NOT a function of the ECU?

Question

Quizplus · Accepted Answer

The ECU (European Currency Unit) was primarily used within the European Monetary System for purposes such as serving as a numeraire for the exchange rate mechanism, functioning as a reserve asset, and acting as a reference point for the divergence indicator. It was not used for settling international transactions with non-EMS countries, as its role was more focused on internal European financial mechanisms prior to the introduction of the euro.

Which of the Following Was NOT a Function of the ECU