Libor
This query is : Resolved
Manoj Mehta
(Querist)
13 March 2014
Dear Experts my practical knowledge of SFM is not good and i want to know about LIBOR(London inter bank order rate). Just advice me how and where i can see this workings practically. Also put some light on use and benefits of using LIBOR. Regards and thanks in advance
Nikhil Kaushik
(Expert)
18 March 2014
the benefit is same as of using USD for trading. wider acceptance across the world allows entities to precisely plan their cost of funding..risk of manipulation is low (though some banks in recent past have been charged for libor manipulation)
you can read www.huffingtonpost.com/2014/03/14/fdic-banks-libor_n_4965875.html
to learn more of LIBOR - follow https://www.theice.com/iba.jhtml
you can read www.huffingtonpost.com/2014/03/14/fdic-banks-libor_n_4965875.html
to learn more of LIBOR - follow https://www.theice.com/iba.jhtml
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