Salina is holding a large quantity of U.S.dollars on account in a bank in Singapore. The correct term for these U.S.dollars is:

Name: Salina is holding a large quantity of U.S.dollars on account in a bank in Singapore. The correct term for these U.S.dollars is:
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Question

Quizplus · Accepted Answer

The correct term for U.S. dollars held in a bank outside of the United States is Eurodollars. This term does not refer to the currency of the European Union, but rather to U.S. dollars held in banks outside of the United States.

Salina Is Holding a Large Quantity of U