Eurodollars

Definition of "Eurodollars"
  1. US dollar deposits placed by individuals, companies, banks, and central banks with banks outside the US
How to use "Eurodollars" in a sentence
  1. The company decided to keep its surplus reserves as Eurodollars in a French bank.
  2. They moved a portion of their wealth to Eurodollars, fearing instability in the local economy.
  3. Central banks often hold part of their foreign exchange reserves as Eurodollars.

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