Eurocurrency is currency deposited by national governments or corporations, outside of its home market. For example, it can be currency held in banks located outside of te country which issues the currency.

Eurocurrency is currency held on deposit outside its home market, i.e., held in banks located outside of the country which issues the currency. For example, a US dollar denominated deposit in a Singapore bank is Eurocurrency, or more specifically Eurodollar deposit.

Definition of Euro-Currency in the Financial Dictionary – by Free online English dictionary and encyclopedia. What is EuroCurrency? Meaning of Euro-Currency as a finance term. What does EuroCurrency mean in finance?

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