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Libor

Definition
LIBOR that is London Interbank Offered Rate is the rate of interest at which banks borrow funds in various currency denomination from other banks in the London wholesale (or "Interbank") money market.

USD Libor
On18th May 2000 the 6 month Libor reached its maximum 7.6125 % and then after it fell and reached its minimum level at .98 % on 25th June 2003 the USD Libor

EUR Libor
The 6-month EUR reach 5.1900 %, it's maximum on 26 October and then after it fell to its minimum level at 1.92 % on 26th March 2004.

GBP Libor
The 6 Month GBP reached its maximum at 6.525 % on 16 May 2000 and fell to its minimum at 3.40578 % on 18th July 2003.

JPY Libor
The 6 Month JYP reached its maximum at 0.57625 % on 11th December 2000 and fell to its minimum at 0.05725 % on 29th April 2004.

CHF Libor
The 6 Month CHF Libor reached its maximum at 3.76833 % twice on 22nd August 2000 and 29th August 2000 and then after it fell to its minimum at 0.28 % on 13th June 14, 2003.

CAD Libor
The 6 Month CAD Libor reached its maximum at 6.18917 % on 31st May 2000 and the fell to 1.83667 %, its minimum on 14th January 2002.

AUD Libor
On 30th August the 6 Month AUD Libor touched its maximum at 6.66938 % and then fell relatively quicker with respect to other currency Libor to its minimum at 3.96938 % on 9th November 2001.



DISCLAIMER
The above views are based on the latest available information. Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. While the views are proffered with the best of intentions, neither the author, nor the firm are liable for any losses that may occur as a result of any action based on the above. The financial markets, and especially the Indian money markets, are illiquid and inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.

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