eurocurrency

Definition of "eurocurrency"
  1. A type of currency, such as that of the U.S. or Japan, which is held and utilized in the financial markets of countries outside its country of origin, primarily in Europe
How to use "eurocurrency" in a sentence
  1. The bank deposited some of its reserves in the form of eurocurrency to take advantage of better interest rates.
  2. She decided to invest in eurocurrency markets as they potentially offer high returns.
  3. The financial analyst recommended exploring eurocurrency as a diversification option for their investment portfolio.

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