WSJ:Key Dollar, Sterling, Euro Borrowing Rates Fall
By Gary Stride
The cost of borrowing dollars, sterling and euros for three months in the London interbank market fell Friday.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, known as Libor was 0.23535%, down from 0.23860% seen Thursday.
The cost of borrowing sterling fell to 0.52094% from 0.52156%, while the cost of borrowing euros fell to 0.27500% from 0.28000% seen Thursday.