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WSJ:Key Dollar Borrowing Rate Rises; Sterling, Euro Rates Unmoved
 
By Nick Cawley

The cost of borrowing dollars for three months in the London interbank market climbed Monday, while the sterling and euro rates were unchanged.

Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, known as Libor, was 0.24885%, up from 0.24835% Friday.

The euro and sterling rates were unmoved at 0.15929% and 0.51750%, respectively.

Write to Nick Cawley at nick.cawley@wsj.com

Corrections & Amplifications

This item was corrected at 1107 GMT because it misstated as Friday, instead of Monday, the the day in the first paragraph.

"Key Dollar Borrowing Rate Rises; Sterling, Euro Rates Unmoved," at 1051 GMT, misstated the day in the first paragraph. The cost of borrowing dollars for three months in the London interbank market climbed Monday, not Friday.
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