Q. A eurocurrency is: (Solved)
1. a bank deposit held in a country that does not issue that currency in which the deposit is denominated.
2. the currency of European Economic and Monetary Union - called the 'euro' for short.
3. a bank deposit in a non-European currency held in Europe.
4. a bank deposit in a European currency held outside of Europe. the currency of the European Union.
- c. a bank deposit in a non-European currency held in Europe.