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Thursday, April 10, 2014

The 1-Month US Dollar (Eurodollar) LIBOR Rate Rose Today

The 3-, 6- and 12-month US dollar (Eurodollar) LIBOR rates slipped lower today, while the 1-month rate fixed higher.

LIBOR 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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