Information > Financial Terms > This page

Eurocurrency 
Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel
(We recommend this as work of authority.)
                 

See EURODOLLARS 

The Eurocurrency markets (also termed by Governor Wallich of the Board of governors of the Federal Reserve System as "Xenocurrency" markets, the "xeno" being the Greek prefix for "foreign") are reported to deal mainly in U.S. dollars.

See Bibliography under EURODOLLARS


Back to Information