Euro Rate

Key US Dollar Libor Unchanged; Sterling, Euro Rates FallWall Street JournalLONDON (Dow Jones)–The cost of borrowing dollars for three months in the London interbank market was unchanged Friday, while the sterling and euro rates fell. Data from the Bri…

AFPUK PM: Economic Plan Aims To Keep Interest Rates LowWall Street JournalBy Nicholas Winning LONDON (Dow Jones)–UK Prime Minister David Cameron defended his coalition government's austerity measures Friday, saying the basis of the coalition's…

New York Late Money Rates from The Wall Street JournalWall Street JournalEuro Libor: 0.34250% one month; 0.61250% three months; 0.92757% six months; 1.25393% one year. Effective rate for contracts entered into two days from date appearing at top of thi…

BloombergTreasury Bonds Toying With Prospects Of New Record-Low YieldsWall Street JournalEight months ago, the euro zone's sovereign-debt crisis pushed the yield, which moves inversely to the note's price, to a historic low of 1.672% as investo…

Business TodayEuro Falls As Italian Banks Get Rating HitWall Street JournalThe minutes showed the reasons behind a bigger-than-expected 50 basis point cut in Australian interest rates earlier in the month. Greek political leaders will get yet another c…

Only three euro-zone countries posted worse growth in 2011 … The 1992 devaluation allowed big cuts in interest rates that relieved pressure on borrowers and banks. This time, devaluation has been accompanied by a severe tightening of credit conditions.

a figure based on its 2000 entry rate into the euro,  adjusted for the euro’s appreciation versus the dollar since then. In 2000, one dollar was equivalent to about 356 drachma. So a 75% devaluation from today’s exchange rate would only …

BBC NewsThe Slippery Structural DeficitWall Street Journal (blog)By Matthew Dalton Euro-zone governments are likely to give Spain, at least implicitly, some leeway on next year's 3% deficit target at a meeting of finance ministers next week. How? O…

Crisis Fears Hit Euro Interbank Market As Key Rate Ends DeclineWall Street JournalThe euro Interbank Offered Rate, known as Euribor–which tracks the rate at which major European banks will lend to each other–has fallen by more than half since late la…

Key US Dollar, Sterling And Euro Libor Rates All UnchangedWall Street JournalLONDON (Dow Jones)–The costs of borrowing dollars, euros and sterling for three months in the London interbank market were all unchanged Friday. Data from the British Bankers…