How Eurodollars Work Explained in One Minute: From Definition and History to Market Importance
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YouTubeOne Minute Economics
How Eurodollars Work Explained in One Minute: From Definition and History to Market Importance
Simply put, the term eurodollar describes US dollar deposits held outside the United States and therefore not regulated by the Federal Reserves, not insured by the FDIC and so on. As strange as it may sound, eurodollars also refer to dollars held in let's say Asian or African banks, don't let the name trick you into thinking it only describes ...
41.8K viewsJul 26, 2020
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