answersLogoWhite

0

What is euro-dollars?

Updated: 9/18/2023
User Avatar

Wiki User

10y ago

Best Answer

There is no such thing as the 'Euro dollar'.

The Euro (symbol €) is the common currency sponsored by the EU. As of 2012, the following countries use the Euro:

Andorra, Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, San Marino, Slovakia, Slovenia, Spain, Vatican City

The Dollar (symbol $) is the name of many different currencies.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is euro-dollars?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is one us dollar worth in eurodollars?

There is no such currency as eurodaollars


What money term refers to a us used in the money markets of Europe?

Euros or eurodollars


What money term refers to a US dollar used in the money markets of Europe?

Euros or eurodollars


How many eurodollars is 125?

no such thing as euro dollars, there are euros and there are dollars which ones do you mean , please be more specific


What is one US dollar worth today in Eurodollars?

Right now, one American dollar is equal to 0.697885407 Euros.


What money term refers to a US dollar used in the money markets in Europe?

Eurodollars Not to be confused with 'Euros', which is a totally different currency.


How much is 10000 Eurodollars in American curency?

$13,598 this answer may not be completley acurate, as the money value in both Europe and the US can change. As of 1/4/13 this is acurate.


What is the Eurodollars current value in us dollars?

A dollar is worth the same whether deposited in a foreign country or in the United States. 1 eurodollar equals 1 us dollar. A eurodollar is just a us dollar deposited in a foreign bank.


How does risk sharing benefit both financial intermediaries and private investors?

How does risk sharing benefit both financial intermediaries and private investors?


What characteristics define the money markets?

Money market securities are short-term instruments with an original maturity of less than one year. These securities include Treasury bills, commercial paper, federal funds, repurchase agreements, negotiable certificates of deposit, banker's acceptances, and Eurodollars. Money market securities are used to "warehouse" funds until needed. The returns earned on these investments are low due to their low risk and high liquidity.


Which is the most liquid measure of money supply?

M2. M2 consists of M1(coins, bills, travlers checks/checkable deposits), savings accts, money market accounts, demand deposits, and timed deposits. M2 is less narrow than M1, therefore being more liquid/spendable. *The Fed has defined three monetary aggregates M1, M2, and M3. The narrowest definition, M1, includes the transaction deposits of banks and cash in circulation. M2 adds savings accounts, small time deposits at banks, and retail money market funds. M3 adds large time deposits, repurchase agreements, Eurodollars, and institutional money market funds. In March 2006 the Fed discontinued tracking M3 because it does not convey information about economic activity that is not already embodied in M2