What is a eurodollar if a french citizen deposits 10000 in, Ask an Expert

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What is a eurodollar? If a French citizen deposits $10,000 in Chase Manhattan Bank in New York have eurodollars been created? What if the deposit is made in Barclay’s Bank in London? In Chase Manhattan’s Paris branch? Does the existence of the eurodollar market make the Federal Reserve’s job of controlling U.S. interest rates easier or more difficult? Explain.

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Financial Management, Finance

Category:- Financial Management
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