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Organisation of the Market
Practices and Techniques
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acceptance credits additional advantages American banks arbitrageurs Bank rate borrow Euro-dollars borrowing of Euro-dollars brokers cent Central Banks Chapter Communist countries deal demand for Euro-dollars deposit rates discrepancies dollar bonds dollar credits dollar deposits dollar market dollar rates effect Euro Euro-currencies Euro-dollar deposits Euro-dollar market Euro-dollar rates Euro-dollar system Euro-dollar transactions Euro-sterling rates exchange control exchange rates exchange risk extent favour financing foreign trade foreign currency deposits foreign exchange market forward dollars forward exchange forward rates funds holders of dollars increase influences interest arbitrage interest parities based international interest rates International Monetary Fund international money market lenders lending rates lent liable liquid resources loans London banks market in foreign maturity monetary authorities months national interest rates non-resident official operation profit margins re-deposited re-lending reduce Regulation Q reserves result short-term investments speculative spot dollars sterling deposits Swiss franc tion transfer trend U.S. dollars U.S. Treasury bills United