Depositors are not protected against bank failures in the Eurocurrency market.

Name: Depositors are not protected against bank failures in the Eurocurrency market.
Brand: Quizplus
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Question

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When depositors use a regulated banking system, the probability of a bank failure that would cause them to lose their deposits is very low. In an unregulated system such as the Eurocurrency market, the probability of a bank failure that would cause depositors to lose their money is greater (although, in absolute terms, still low).

Depositors Are Not Protected Against Bank Failures in the Eurocurrency