LIBOR
London Interbank Offered Rate (LIBOR) is the global benchmark interest rate at which banks lend money to each other for short-term loans. LIBOR is widely viewed as a barometer of how confident banks are in each other’s financial strength.
London Interbank Offered Rate (LIBOR) is the global benchmark interest rate at which banks lend money to each other for short-term loans. LIBOR is widely viewed as a barometer of how confident banks are in each other’s financial strength.
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