单词 | asiadollar |
释义 | Asiadollarn. A unit of a non-Asian currency (chiefly the U.S. dollar) deposited in an Asian bank and used in an Asian money market. Also used collectively: non-Asian currency, esp. U.S. dollars, used in this way. Cf. Eurodollar at Euro- comb. form 3a. ΚΠ 1969 Far Eastern Econ. Rev. 22 May 445/2 If the financial phenomenon of the Sixties has been the growth of the Euro-dollar market, it is now possible that the star of the Seventies may be the growth of the Asia-dollar. 1980 Wall St. Jrnl. 26 Mar. 18/1 Singapore's booming business in such currencies as US dollars, West German marks and Japanese yen. Since the activity occurs in Asia, and mostly involves dollars, the currencies are usually called Asiadollars. 1995 Seattle Times (Nexis) 5 Feb. f1 The accumulation of dollars outside the United States—they are known as Eurodollars—and increasingly Asiadollars because of the growth in the markets of the Far East. 2013 Business Times (Singapore) (Nexis) 26 June In 1969, the bank (Citibank) was licensed to carry out offshore trading in the Asiadollar market, the second bank to do so in Singapore. This entry has been updated (OED Third Edition, September 2021; most recently modified version published online December 2021). < |
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