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Stella [2.4K]
2 years ago
8

U.s. dollars deposited in a bank in switzerland are called:_________

Business
1 answer:
Vlad1618 [11]2 years ago
5 0

Deposit made in U.S dollars in Switzerland are known as foreign depository receipts.

Given that U.S. dollars are deposited in a bank in Switzerland.

We are required to fill the blank with appropriate option among the following:

a)Foreign depository receipts,

b) Eurocurrency,

c) Eurodollars.

U.S. dollars which are deposited in a bank in Switzerland are known as foreign depostory receipts.

A depositary receipt is basically a negotiable financial instrument issued by a bank to represent a foreign company's publicly traded securities.

Hence U.S. dollars deposited in a bank in Switzerland are called foreign depository receipts.

Learn more about depository receipts at brainly.com/question/13549464

#SPJ4

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