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METHODOLOGY OF THE STUDY
THE EURODOLLAR MARKET
9 other sections not shown
abroad amount assets and liabilities balance-of-payments Banca d'Italia Banca Nazionale bank liquidity banking system banks and nonbanks billion commercial banks countries country's monetary credit institutions credit policies determine Deutsche Bundesbank discount rate dollar deposits economic effects end of l97l Euro Euro-banks Euro-currency Euro-dollar deposits Euro-dollar flows Euro-dollar funds Euro-dollar market European central banks exchange market exchange rates financing fixed exchange rates foreign assets foreign component foreign exchange market foreign liabilities foreign position fractional-reserve banking free liquid reserves German and Italian German monetary authorities Hence increased interest rates international short-term capital investment Italian monetary authorities Italy Lavoro Quarterly Review Lire loans mainly minimum reserve requirements monetary and credit monetary base monetary conditions monetary policy instruments money supply Nazionale del Lavoro nonresidents open market operations outflows percent period relative importance reserve ratios short-term capital flows short-term foreign short-term funds sources swap Table transactions U.S. banks U.S. dollars utilized