Eurocurrency transactions are risky because the banks involved are not dealing globally.

Name: Eurocurrency transactions are risky because the banks involved are not dealing globally.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Eurocurrency transactions involve banks that operate globally, so they are not considered risky because of the banks not dealing globally. However, such transactions may carry other risks such as foreign exchange fluctuations, interest rate risks, and political risks.

Eurocurrency Transactions Are Risky Because the Banks Involved Are Not