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Three-Month Pound Libor Rate Stays at Nine-Year High (Update1)

Story date: 2007-09-12 05:39:00
Added on: 2007-09-12 10:00:20


Bloomberg - The overnight dollar rate fell 11 basis points to 5.18 percent, its fifth straight decline, as investors raised bets the Fed will cut the benchmark interest rate half a percentage point to 4.75 percent next week. ``Overnight dollar rates are ...


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