eurodollar
Finland uses Euro as their currency
Euribor
CME Eurodollar Futures are a hedge fund where investors can take advantage of short term interest rates. One can find more information on this option via Bloomberg, for example.
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.
A Eurodollar deposit is a U.S. dollar-denominated deposit held in banks outside the United States, meaning it is not subject to U.S. banking regulations. These deposits are often used by international businesses and investors to facilitate trade and investment in U.S. dollars while avoiding domestic capital controls. Eurodollars can be short-term or long-term and are commonly used in the Eurodollar market for borrowing and lending. The interest rates on these deposits are typically influenced by global economic conditions and can differ from domestic U.S. rates.
It's money. The eurodollar, usually called the euro, is the standard currency in most of Europe. Seventy euro is, well, seventy euros.
Advantages: Eurodollar market has lower interest rates because of less regulation, also financing is cheaper for borrowers, as the market goes by interbank rates Disadvantages: No lender of last...
The Eurodollar market consists of U.S. dollar-denominated deposits held in banks outside the United States, which allows for transactions free from U.S. regulations. Key features include the ability to offer higher interest rates due to reduced regulatory constraints, a significant role in international trade financing, and its influence on global interest rates. Furthermore, the market is characterized by a high degree of liquidity and the presence of various financial instruments, such as Eurodollar futures, which help manage interest rate risk.
Henry S Terrell has written: 'International banking facilities and the Eurodollar market' -- subject(s): Banks and banking, International, Euro-dollar market, International Banks and banking
Due to tthe portion of the pie the others are ttaking the interest rate will decrease.
I'm in class working on research and my book sayes : The prime rate is the rate banks make available to their best business customers, suck as large corporations.