Eurocurrency markets are highly liquid and relatively unencumbered by government regulation, resulting in borrowing and lending rates that are generally more favorable to large retail customers than domestic rates.

Question

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Eurocurrency markets are known for their high liquidity and relatively low government regulation, which often results in more favorable borrowing and lending rates for large retail customers compared to domestic rates.

Eurocurrency Markets Are Highly Liquid and Relatively Unencumbered by Government