Which of the following was NOT an important factor in the rise of the Eurodollar market?

Question

Quizplus · Accepted Answer

The rise of the Eurodollar market was significantly influenced by factors such as restrictions on British banks lending pounds abroad, Regulation Q (which set a cap on the interest rates that banks could offer, making Eurodollars a more attractive investment), and reserve requirements on banks in the United States, which made offshore dollar markets more appealing due to lower reserve requirements. Restrictions on U.S. banks lending dollars abroad were not a factor; in fact, the absence of such restrictions allowed for the growth of the Eurodollar market as U.S. dollars flowed freely overseas.

Which of the Following Was NOT an Important Factor in the Rise