Eurodollar

Eurodollar in Europe

Description of Eurodollar

The Concise Encyclopedia of the European Union describes eurodollar in the following terms: [1] A dollar located outside the USA, especially in a European bank or branch, but it could equally be in an Asian or Latin American financial institution. The term is unrelated to the Eu (see more in this European encyclopedia). The centre of the eurodollar market is London.

Resources

Notas y References

  1. Based on the book “A Concise Encyclopedia of the European Union from Aachen to Zollverein”, by Rodney Leach (Profile Books; London)

See Also

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