The Eurocurrency Market

Francis A. Lees
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Francis A. Lees: St John’s University

Chapter 11 in International Banking and Finance, 1974, pp 291-312 from Palgrave Macmillan

Abstract: Abstract Probably the most discussed money market of the 1960s and 1970s is the Eurocurrency market. This market is regarded by some as a safe haven for expatriate funds, by others as a much-needed cement for solidifying the international money markets, by others as an international money market in itself, and by still others as a leak in the circuits through which central bankers attempt to enforce their monetary policies.1

Keywords: Central Bank; Commercial Bank; Money Market; Reserve Requirement; Head Office (search for similar items in EconPapers)
Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02148-2_11

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DOI: 10.1007/978-1-349-02148-2_11

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