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LIBOR Could Drop 50 Basis Points Monday-Yen To Follow?

Discussion in 'Fundamental Analysis' started by ActionForex.com, Oct 19, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    Interbank lending, an obviously vital cog in the global credit system, had been virtually shut down in recent weeks as banks became reluctant to lend to one another. Rates on all terms had been rising throughout the credit crisis, but the situation greatly intensified after Lehman Brothers went bankrupt in...

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