Euro LIBOR Rates Hit Highest Level Since Aug. 18

Euro LIBOR rate rose for the second consecutive day Friday, with the 3 month rate climbing to its highest level since August 18 last year. The euro 3-month LIBOR rate was up 0.369 basis points on the day to stand at 0.8348%, edging nearer to the official 1% policy rate and at its highest level for almost a year. – iMarketNews