Explain the eurocurrency market.
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The eurocurrency market is the money market for currency outside of the country where it is legal tender. The eurocurrency market is utilized by banks, multinational corporations, mutual funds, and hedge funds. ... The eurocurrency market functions in many financial centers around the world, not just Europe
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The eurocurrency market is the money market for currency outside of the country where it is legal tender. The eurocurrency market is utilized by banks, multinational corporations, mutual funds, and hedge funds. ... The eurocurrency market functions in many financial centers around the world, not just Europe.
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