WSJ:Key Dollar, Euro and Sterling Borrowing Rates Move Higher
By Nick Cawley
The cost of borrowing dollars, euros and sterling for three months in the London interbank market all rose Wednesday.
Data from the IntercontinentalExchange Group, or ICE, showed the three-month dollar London Interbank Offered Rate, known as Libor, rose to 0.22875% from 0.22860% Tuesday.
The cost of borrowing sterling rose to 0.52906% from 0.52781%, while the cost of borrowing euros rose to 0.29643% from Tuesday's 0.29357%.