Eurodollar - Market Size

Market Size

By Dec. 1985 the Eurocurrency market was estimated by Morgan Guarantee bank to have a net size of 1,668B, of which 75% are likely eurodollars. However, since the markets are not responsible to any government agency its growth is hard to estimate. The Eurodollar market is by a wide margin the largest source of global finance. In 1997, nearly 90% of all international loans were made this way .

Read more about this topic:  Eurodollar

Famous quotes containing the words market and/or size:

    A sentimentalist, my dear Darlington, is a man who sees an absurd value in everything, and doesn’t know the market price of any single thing.
    Oscar Wilde (1854–1900)

    Eat your meals according to the size of your bowl.
    Chinese proverb.