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Dollar drain |
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Dollar drainThe impact of importing from foreign countries more than exporting to them. The money required to finance the import purchases removes dollars from the importing nation.Dollar drain Similar MatchesEurodollarEurodollarUS dollar currency deposited in banks outside the USA. EurodollarEurodollarOriginally referred to U.S. dollar-denominated deposits in commercial banks located in Europe. Over time, the term came to include deposits in a commercial bank in any country denominated in any currency other than that of the country. Now sometimes called eurocurrencies. Asian dollar marketAsian dollar marketAsian banks that collect deposits and make loans denominated in US dollars. Fixed dollar securityFixed dollar securityA nonnegotiable debt security that can be redeemed at some fixed price or according to some schedule of fixed values, e.g., bank deposits and government savings bonds. EurodollarEurodollarRefers to a certificate of deposit in US dollars in a bank that is not located in the US Most of the Eurodollar deposits are in London banks, but Eurodeposits may be anywhere other than the US Similarly, a Euroyen or Euro DM deposit represents a CD in yen or DM outside Japan and Germany, respectively. Further SuggestionsConstant dollarsNominal dollars dollar cost averaging Petrodollar Weak dollar Dialing for dollars Dollar standard Dollar roll Constant dollars Dollar shortage Salomon Brothers Non US Dollar World Government Bond Index Eurodollar certificate of deposit Dollar bears Total dollar return Petrodollars Constant dollar plan Eurodollar obligations Purchasing power of the dollar Equal dollar swap constant dollar plan Trade weight value of the dollar Fixed dollar obligations Dollar price of a bond Dollar cost averaging soft dollars |
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