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Thursday, July 24, 2014

The 3-, 6- and 12-Month US Dollar (Eurodollar) LIBOR Rates Crept Higher Today

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

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

A Eurodollar is a US 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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