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Asian Dollars

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Asian Dollars
U.S. dollar deposits in banks in East Asia. Asian dollar futures contracts, which are based on Asian dollar deposits, are a highly liquid investment. Investing in Asian dollars may help an Asian company hedge its foreign exchange risk on investments in the United States. It is an example of a eurocurrency.


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For a long time, it looked as though private markets could step into the breach - recycling first petrodollars in the 1970s and latterly Asian dollars back into the global system.
With real estate prices starting to bounce off the bottom, American owners and deal-makers are finding Asian dollars available for prime investments.
 
 
 
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