Euromarket explosion

Main catalyst for foreign business in return accelerate rapid growth Eurodollar markets, the, the United States dollars deposited in banks outside the United States. In the same way, are euromarkets, whose assets are laying the money out of this. Before the 1950s, when oil revenue russia Eurodollar market - all in dollars - after entering the United States out of fear of the apparent freezing of the regulatory authorities of the United States. The dollar beyond the control of the United States officials led a huge fund. The government of the United States imposed on foreigners for dollar credit limit laws. Euro markets are particularly attractive because it is much less rules and offer advanced products. After the end of 1980, U.S. companies began to foreign debt, maintaining a positive euromarkets Center to find additional liquidity, providing short-term loans and financing imports and exports.

London-which remains the main foreign markets. In the 1980s, the main center Eurodollar market when British banks as dollar borrowing option for £ in global finance to maintain its leading position was held. Location: London (which run in the markets of Asia and America) are also key to maintaining dominance in the Euromarket

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