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The Eurocurrency Market

  • Francis A. Lees

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 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 2.
    Paul Einzig, The Eurodollar System, St. Martins Press, 1967, p. 7.Google Scholar

Copyright information

© Francis A. Lees 1974

Authors and Affiliations

  • Francis A. Lees
    • 1
  1. 1.Business Research InstituteSt John’s UniversityNew YorkUSA

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