Euro Currency Markets
What are the Euro Currency Markets and how is it used in global financing operations and describe its importance in manageing risks?© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/business/finance/euro-currency-markets-7gs2
.... An example of Euro currency market will be a Chinese company borrowing U.S. dollars from a bank in Germany.
Eurocurrency markets are extensively used for foreign exchange hedging purposes as the banks seek to balance out their foreign assets and liabilities. The ...