WSJ:Key Dollar Borrowing Rates Rise, Euro, Sterling Rates Fall
By Gary Stride
The cost of borrowing dollars for three months in the London interbank market rose Thursday, while the cost of borrowing euros and sterling fell.
Data from the IntercontinentalExchange Group (ICE) showed the three-month dollar London Interbank Offered Rate, known as Libor, climbed to 0.22585% from 0.22535% seen Wednesday.
The cost of borrowing euros fell to 0.28857% from 0.29643%, while the cost of borrowing sterling fell to 0.52506% from 0.52594%.
