Which of the following would be considered a Eurodollar deposit?
A)dollars deposited in a U.S bank
B)yen deposited in a European bank
C)dollars deposited in a Japanese bank
D)marks deposited in a German bank

Question

Quizplus · Accepted Answer

Eurodollar deposits refer to U.S. dollars deposited in banks outside the United States, not under U.S. jurisdiction. Thus, dollars deposited in a Japanese bank qualify as a Eurodollar deposit.

Which of the Following Would Be Considered a Eurodollar Deposit