Examveda
Examveda

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

A. foreign bond

B. euro bond

C. euro currency

D. domestic bond

Answer: Option C

Solution(By Examveda Team)

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.

This Question Belongs to Management >> International Finance And Treasury

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