Q
Which of the following is rate of interest the major international banks charge each other for borrowings ?
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A
A. new york interbank offered rates (nibor)
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B
B. international interbank offered rates (iobor)
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C
C. london interbank offered rate (libor)
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D
D. usa interbank offered rate (uibor)
Correct Answer:
C. C. london interbank offered rate (libor)