Financial

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.

Mentioned in

Asian dollar market

References in periodicals archive

With real estate prices starting to bounce off the bottom, American owners and deal-makers are finding Asian dollars available for prime investments.

Wave of Asian investors arrives

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