No, Eurodollars are not backed by gold. Eurodollars refer to U.S. dollars deposited in banks outside the United States, which are used for international transactions and lending. The value of Eurodollars is based on the trust and creditworthiness of the U.S. government, rather than a gold standard or any physical commodity.
There is no such currency as eurodaollars
Euros or eurodollars
Euros or eurodollars
no such thing as euro dollars, there are euros and there are dollars which ones do you mean , please be more specific
Right now, one American dollar is equal to 0.697885407 Euros.
Eurodollars Not to be confused with 'Euros', which is a totally different currency.
$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.
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.
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