Eurocurrency: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing and bullets) |
imported>Doug Williamson (Classify page.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 3: | Line 3: | ||
The origin this term - which became established before the creation of the euro - was in 'Eurodollars'. Eurodollars were originally US dollars deposited - for example - in the UK. | The origin this term - which became established before the creation of the euro - was in 'Eurodollars'. Eurodollars were originally US dollars deposited - for example - in the UK. | ||
== See also == | == See also == | ||
| Line 12: | Line 13: | ||
* [[Euronote]] | * [[Euronote]] | ||
* [[International bond]] | * [[International bond]] | ||
* [[International capital market]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 20:17, 30 June 2022
A currency held 'offshore' as a deposit outside its domestic territory (the country which issued the currency). Neither the domestic territory of the currency, nor the location of the deposit, need be in Europe.
The origin this term - which became established before the creation of the euro - was in 'Eurodollars'. Eurodollars were originally US dollars deposited - for example - in the UK.
