WSJ:Key Dollar, Euro Borrowing Rates Rise, Sterling Unchanged
By Gary Stride
The cost of borrowing dollars and euros for three months in the London interbank market rose Wednesday, while the cost of borrowing sterling was unchanged.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, known as Libor climbed to 0.24510% from 0.24435% Tuesday.
The cost of borrowing euros rose to 0.27714% from 0.27429%, while the cost of borrowing sterling was unchanged from Tuesday at 0.52550%.
