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October 28, 2008 · 7:08AM

Interbank Lending Rates Continue To Ease

Overnight Libor, the rate banks charge each other for dollar loans, fell slightly Tuesday to 1.24% from 1.26% indicating a further loosening in global credit markets. The 3-month Libor rate also nudged lower to 3.47% from 3.51% on Monday. (CNNMoney)

Categories: Business & Finance Today · Financial Services · Markets, Economic News

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