Similar words: currency, concurrency, currency note, currency swap, hard currency, foreign currency, domestic currency, currency exchange. Meaning: n. currency of the major financial and industrial countries held in those countries for the purpose of lending and borrowing.
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1. Eurocurrency business is in very substantial sums and also often involves governmental or governmental agency transactions.
2. The users of Eurocurrency are multinational firms, central banks and governments and other public authorities.
3. This market constitutes the Eurocurrency market plus deposits in domestic and foreign currency held by non-residents.
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4. The rise of Eurocurrency markets does not pose any clear threat the power of monetary policy.
5. Eurocurrency loans involve large sums of money, they may be short - term , medium - term or long - term .
6. Long - term Eurocurrency funds can also be raised by an issue of Eurobonds on the Eurobond market.
7. The basic principle is therefore: forward exchange rates are determined by interest rate differentials in the Eurocurrency market.
8. The growth of multinational corporations provided a second spur to Eurocurrency business.
9. Figure 22 - 3 shows the approximate extent of Eurocurrency holdings today.
10. Fund resources of international credit: traditional fund resources, national finance capital, Eurocurrency, Petrodollar.
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