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Euros or eurodollars

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


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

Euros or eurodollars


What is the definition of money market?

The definition of the phrase 'money market' refers to financial markets. This was when money became a commodity to buy and sell products, as well as lending and trading.


Is the American dollar worth more then a Europe dollar?

There is no such thing as the "Europe dollar". No way, especially at this time when even Canadian money is worth more than American. As of now, about one American dollar is equal to 0.6938 Euro's. Xo, Smartiiz.


How much of Sweden money equals 1 in US?

~7SEK is a Dollar usually, but this varies from year to year as does the markets.


Taiwan money worth in the USA?

1 USD = 28.5 NTD ntd refers to new Taiwan dollar


Def. to globalization?

Globalization refers to a process that expands a business reach overseas. Many businesses find that they make more money by expanding to overseas markets.


Why banks have not eliminated the need for the money markets.?

Banks ARE the money markets. They are hardly likely to eliminate themselves.


Crops that are sold for money on world markets?

Crops that are sold for money on world markets are called cash crops.


Convert European money into us currency?

The US dollar is equal to 0.738934457 Euros. Euros are the common form of currency in Europe.


How did merchants raise money to invest in exploration?

Merchants raised money to invest in exploration by holding raffles and contests in parts of Europe. Some merchants set up street markets as well as their established buildings to make extra money for exploration.


What markets in which money is lent for periods longer than one year?

Capital markets