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Eurocurrency market

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Eurocurrency market
The money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender.


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These branches are large net borrowers in the interbank Eurocurrency market and are by far the largest issuers of Euro-CDs.
The activities of Japanese banks in the United Kingdom and in the ... by Lowrey, Barbara R. / Federal Reserve Bulletin
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