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What is a Eurodollar? If a French citizen deposits $10,000 in Chase Bank in New York, have Eurodollars been created? What if the deposit is

What is a Eurodollar? If a French citizen deposits $10,000 in Chase Bank in New York, have Eurodollars been created? What if the deposit is made in Barclays Bank in London? Chases Paris Branch? Does the existence of the Eurodollar market make the Federal Reserve job of controlling US Interest rates easier of more difficult? Explain?

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