US dollars deposited in foreign banks outside the United Sta

U.S. dollars deposited in foreign banks outside the United States or in foreign branches of U.S. are referred to as Eurodollars. Eurocurrencies. Eurobonds. foreign bonds.

Solution

Currency of one nation deposited by nation 2 in nation 3 are known as euro currency.

The term eurodollar refers to U.S. dollar-denominated deposits at foreign banks or foreign branches of American banks located outside of the United States

Thus above ans is euro dollars.

U.S. dollars deposited in foreign banks outside the United States or in foreign branches of U.S. are referred to as Eurodollars. Eurocurrencies. Eurobonds. fore

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