Questions tagged [eurodollar]

What are Eurodollars? How are they distinct from plain old dollars? Asking as an interested but non-specialist outsider, though I do know what demand deposits are and am familiar with the conversation regarding fractional reserve banking.

We already know that Eurodollar never leaves U.S. But then what do the media mean when they say bringing U.S. dollar offshore (eurodollar) onshore? Isn't it always onshore? (Let us omit the real physical cash) Also, the Fed website says that both…

There are readily available "definitions" including on this site, but I want to know what they are in a concrete sense. Because the definitions make them basically sound like just electronic bank deposits in dollars at a foreign commercial bank,…