Euro Rate Surges as Euribor Hits Seven-Week High (Update6)

Story date: 2008-03-07 10:42:00
Added on: 2008-03-09 15:01:11

Bloomberg - Money-market rates are rising as banks hoard cash after at least $188 billion in credit losses and writedowns linked to the U.S. subprime-mortgage collapse since the beginning of 2007. ... for dollars fell 5 basis points to 2.94 percent, the lowest ...


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