What is LIBOR and why is it going away? – Explained

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LIBOR was one of the most important financial numbers in the world and it is being discontinued. This article explains what is LIBOR and why is it going away in a simplified way. What is LIBOR? It is the London Inter-Bank Offered Rate It is the interest rate at which major banks in the world … What is LIBOR and why is it going away? – Explained Read More » The post What is LIBOR and why is it going away? – Explained appeared first on Economyria.

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Mridusmita Choudhury

blogs from New Delhi

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