Vidyalelo
Management · Q52

International Finance and Treasury

Graduate and Post Graduate · Management · question 52

Q52

A deposit or borrowing domiciled outside the home country of the currency is called as

A.
foreign bond
B.
euro bond
C.
euro currency
Answer
D.
domestic bond

Answer: Option C

Solution

Answer: Option C
Solution:
A deposit or borrowing domiciled outside the home country of the currency is called as euro currency. The euro is the common currency for 19 countries in the eurozone. The eurozone crisis almost ended it.