The 3-Month US Dollar (Eurodollar) LIBOR Rate Rose On The Week
On the day, the 1-, 6- and 12-month rates fixed higher, while the 3-month rate eased.
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.
Click here to read about how U.S. Dollar LIBOR fixing works.
Labels: libor
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