Will Europe Have Price Quote Chaos? The Single Currency Threatens Disruption
MANAGEMENT & INFRASTRUCTURE
NEW YORK--With barely nine months left before the introduction of the single European currency, US money managers face an uphill battle in getting their accounting systems ready. Part of the problem is that money managers in the US were so slow to grasp the magnitude of the problem of the currency conversion.
But even those managers that have been diligently preparing for the demise of such storied currencies as the Deutsche Mark and French Franc, the introduction of the euro could still be a
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