The market consisting of all the world's currencies that are banked outside their countries of origin is called the ________.

Question

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The Eurocurrency market consists of all the world's currencies that are banked outside their countries of origin. The foreign exchange market is broader and includes all types of foreign currency transactions, both banked and unbanked. The interbank market refers to the market where banks trade currencies with each other. Offshore financial centers are locations where financial services are offered to non-residents with favorable tax regimes.

The Market Consisting of All the World's Currencies That Are