ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »Artificial Libor threatens Hong Kong
How much have benchmark US interest rates risen lately? You may think the correct answer is 25 basis points, or 0.25 percentage point. That’s the amount by which the US Federal Reserve raised its target for overnight interbank rates in December, the only official increase in the past nine months. Unofficially, though, borrowing costs have gone up by another 35 ...
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