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Tuesday, April 2, 2013

Key Eurodollar LIBOR Rates Sank Lower Today

The 1-, 3-, 6- and 12-month Eurodollar LIBOR rates all moved lower today.

image courtesy: The Wall Street Journal
Image courtesy: WSJ Online

A Eurodollar is a U.S. dollar deposited in any bank outside the United States.

Click here for historical LIBOR figures.

Click here for a chart comparing LIBOR to the Prime Rate and the target fed funds rate.

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