The market where financial banking institutions provide banking services denominated in foreign currencies. They may accept deposits and provide loans. Unlike Eurocredit markets, however, loans in this market are made short-term.
Related information about Eurocurrency market:
- Eurocurrency Market Definition | Investopedia
The money market in which Eurocurrency, currency held in banks outside of the country where it is legal tender, is borrowed and lent by banks in Europe.
- What Is a Eurocurrency Market?
A Eurocurrency Market is a money market that provides banking services to customers by using foreign currencies. Despite the name...
- Eurocurrency Market - Financial Dictionary - The Free Dictionary
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 ...
- Eurocurrency market
Eurocurrency Market UNIT 3 Chapter-4.
- What is Eurocurrency market? definition and meaning
Definition of Eurocurrency market: The market where financial banking institutions provide banking services denominated in foreign currencies. They may accept ...
- Eurocurrency Market: Definition from Answers.com
Eurocurrency Market The money market in which Eurocurrency, currency held in banks outside of the country where it is legal tender, is borrowed.
- The Origin of The Eurocurrency Market - InfoBarrel
Jan 18, 2010 ... The origin of the Eurocurrency market-that is, the market in currency trading outside their respective domestic economy. Several factors were ...
- Euromarkets (Ch. 13)
The Eurocurrency market consists of banks (called Eurobanks) that accept deposits and make loans in foreign currencies. A Eurocurrency is a freely convertible ...