the term Euro currency market refers to which ?
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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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Explanation:
The term Euro currency Market refers to the market where the borrowing and lending of currencies take place outside the country of issue
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