Eurodollars are created when deposits in accounts in the United States are transferred to a bank outside the country and are kept in the form of dollars.

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Eurodollars are created when US dollars are deposited in banks outside the US, including transfers of US dollar deposits from US banks to foreign banks. This results in the creation of dollar-denominated deposits outside the US, known as Eurodollars.

Eurodollars Are Created When Deposits in Accounts in the United