Markets

Dollar LIBOR rises to highest level since 2008

Published March 22, 2018 Updated March 22, 2018 01:14pm

The London interbank offering rate (LIBOR) for three-month dollars, a reference rate for $200 trillion worth of dollar-denominated financial products, was set at 2.27108 percent, the highest since November 2008. On Wednesday, it stood at 2.24614 percent.

 

Copyright Reuters, 2018