Q.
By LIBOR (a monetary term), what do you understand?
Asked by Siachen,
29 Sep '09 02:25 pm
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Answers (4)
1.
It stands for : London InterBank Offered Rate which is the lending rate among international banks in London.
Answered by Janis, 30 Sep '09 03:51 am
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2.
LIBOR stands for London Interbank Offered Rate - reference rate for banks for borrowing/lending funds calculated on daily basis.
Answered by Lucky, 29 Sep '09 02:30 pm
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4.
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