The Euromarket is dominated by the

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The U.S. dollar is the dominant currency in the Euromarket, which refers to the market for Eurocurrency deposits and loans outside of their domestic borders. The use of the U.S. dollar is due to its stability and widespread use in international trade and finance. While other currencies such as the Deutsche mark and Japanese yen have historically played a role in the Euromarket, the dominance of the U.S. dollar has remained consistent. The French franc is no longer in use since it was replaced by the euro in 1999.

The Euromarket Is Dominated by the