WSJ:Key Dollar, Sterling Borrowing Rates Fall, Euro Rates Rise
By Gary Stride
The cost of borrowing dollars and sterling for three months in the London interbank market fell Friday, while the cost of borrowing in euros rose.
Data from the IntercontinentalExchange Group, or ICE, showed the three-month dollar London Interbank Offered Rate, known as Libor fell to 0.23565% from 0.23610% seen Thursday.
The cost of borrowing sterling fell to 0.52188% from 0.52206%, while the cost of borrowing euros rose to 0.26143% from 0.26000% Thursday.
