WSJ:Key Dollar Borrowing Rates Fall, Euro, Sterling Rates Rise
By Gary Stride
The cost of borrowing dollars for three months in the London interbank market fell Monday, while the cost of borrowing euros and sterling rose.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, known as Libor fell to 0.24585% from 0.24835% on Friday.
The cost of borrowing euros rose to 0.27214% from 0.27143%, while the cost of borrowing sterling climbed to 0.52656% from 0.52438% seen Friday.
