Eurodollars are any U.S. dollars held outside of the U.S.. Originally, the first dollars being held were in European banks in the 1950s, hence the name, but the term came to mean all dollars held offshore1.
Eurodollars are any U.S. dollars held outside of the U.S.. Originally, the first dollars being held were in European banks in the 1950s, hence the name, but the term came to mean all dollars held offshore1.