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Eurobanks Are

Question 70

Multiple Choice
Eurobanks are:

Eurobanks are:


A) banks where Eurocurrencies are deposited.
B) major world banks that conduct a Eurocurrency business in addition to normal banking activities.
C) financial intermediaries that simultaneously bid for time deposits in and make loans in a currency other than that of the currency of where it is located.
D) All of the above are descriptions of a Eurobank.

Correct Answer:

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