Why Do European Banks Need Dollars?

Business

Why Do European Banks Need Dollars?

KUNC | By Marketplace

Published September 21, 2011 at 10:19 AM MDT

Why do European banks need dollars? from Marketplace on Vimeo.

European banks need money. Specifically, they need dollars. But why? They have their own money, so why do they need ours? Marketplace Senior Editor Paddy Hirsch explains.

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Why Do European Banks Need Dollars?

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