Key Dollar Borrowing Rates Rise, Euro Rate Unchanged, Sterling Falls


By Nick Cawley

The cost of borrowing dollars for three months in the London interbank market rose Friday, the cost of borrowing sterling fell while the cost of borrowing euros was unchanged.

Data from the British Bankers’ Association showed the three-month dollar London Interbank Offered Rate, known as Libor, climbed to 0.24835% from 0.24585% the previous day.

The cost of borrowing sterling fell to 0.52438% from 0.52550%, while the cost of borrowing euros was unchanged from Thursday at 0.27143%.

Write to Nick Cawley at [email protected]

    (END) Dow Jones Newswires   12-20-130720ET   Copyright (c) 2013 Dow Jones & Company, Inc. 


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