International Money Markets: Eurocurrencies

  • Battilossi S
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Abstract

Eurocurrencies are international markets for short-term wholesale bank deposits and loans. They emerged in Western Europe in the late 1950s and rapidly reached a global scale. A Eurocurrency is a form of bank money: an unsecured short-term bank debt denominated in a...

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Battilossi, S. (2019). International Money Markets: Eurocurrencies. In Handbook of the History of Money and Currency (pp. 1–46). Springer Singapore. https://doi.org/10.1007/978-981-10-0622-7_57-1

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