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Euromarket |
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euromarket [ˈjʊərəʊˌmɑːkɪt] n
1. (Economics, Accounting & Finance / Banking & Finance) a market for financing international trade backed by the central banks and commercial banks of the European Union 2. (Business / Commerce) the European Union treated as one large market for the sale of goods and services Translations How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Some countries financed part of their contributions to cover the cost of Operation Desert Storm by borrowing and liquidating investments in the Euromarkets rather than by drawing on their reserve holdings in the United States. operating in the Euromarkets, dealing in the forward gold markets, managing foreign exchange risk, analyzing potential acquisition candidates), while controllers were changed with gaining extensive knowledge of information systems and new reporting requirements. In part, these outflows reflected the increased net demand for funds in the Euromarkets associated with Desert Storm transfers. |
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