The main factor that makes the Eurocurrency market attractive to both depositors and borrowers is that it

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The main factor that makes the Eurocurrency market attractive to both depositors and borrowers is its lack of government regulation. This allows banks to offer higher interest rates on Eurocurrency deposits than on deposits made in the home currency. The lack of regulation also allows banks to charge borrowers a lower interest rate for Eurocurrency borrowings than for borrowings in the home currency.

The Main Factor That Makes the Eurocurrency Market Attractive to Both