Which of the following is a characteristic of the Eurocurrency market?
A)The Eurocurrency market is both short and medium term.
B)Private borrowers are the major players in the Eurocurrency market.
C)The Eurocurrency market is a retail, rather than wholesale, market.
D)The interest rates in the Eurocurrency market are about the same as in domestic markets.

Question

Quizplus · Accepted Answer

The Eurocurrency market typically involves short to medium-term lending and borrowing, often with maturities ranging from overnight to a few years.

Which of the Following Is a Characteristic of the Eurocurrency