WSJ:Key Dollar Borrowing Rates Rise Wednesday, Euro Rates Fall, Sterling Unchanged
By Gary Stride
The cost of borrowing dollars for three months in the London interbank market rose Wednesday, while the cost of borrowing euros fell and 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, rose to 0.23760% from 0.23660% Tuesday.
The cost of borrowing euros fell to 0.18643% from 0.18714% Tuesday, while the cost of borrowing sterling was unchanged at 0.52344%.
