WSJ:Key Dollar, Euro Borrowing Rates Fall; Sterling Rates Rise
By Gary Stride
The cost of borrowing dollars and euros for three months in the London interbank market fell Friday, while the cost of borrowing sterling was higher.
Data from the British Bankers' Association showed the three-month dollar London Interbank Offered Rate, known as Libor was 0.23985%, down from 0.24285% seen Thursday.
The cost of borrowing euros fell to 0.25571% from 0.26286%, while the cost of borrowing sterling climbed to 0.52531% from 0.52500% seen Thursday.
