Eurocurrency
（重定向自Euroyen）
Eurocurrency is deposits in banks that are located outside the borders of the country that issue the currency the deposit is denominated in. For example, a deposit denominated in Japanese Yen held in a Brazilian bank is a Eurocurrency deposit. Likewise a deposit denominated in US dollars held in a Singapore bank is a Eurocurrency deposit, or more specifically or more clearly a Eurodollar deposit.