LONDON (AP) – The cost of three-month dollar loans between banks held steady Monday for the fifth day running amid concerns about the speed of a potential recovery in the U.S. economy.
The British Bankers’ Association said the rate on three-month loans in dollars – known as the London Interbank Offered Rate, or Libor – was [...]
NEW YORK (AP) – The dollar charged back Friday after a week of up-and-down trading amid concerns over its status as the primary reserve currency and U.S. debt levels.
The dollar was still lower for the week.
The 16-nation euro fell to $1.4010 in late trading Friday from $1.4126 late Thursday, while the British pound fell back [...]
LONDON (AP) – The cost of three-month dollar loans between banks rose from record lows Monday amid growing expectations that the worst of the U.S. recession is over and that the U.S Federal Reserve may start to lift borrowing costs sooner rather than later.
The British Bankers’ Association said the rate on three-month loans in dollars [...]
NEW YORK (AP) – The dollar moved higher Thursday after the European Central Bank and Bank of England both left interest rates unchanged, as expected.
The 16-nation euro dropped to $1.4128 in early New York trading from $1.4134 late Wednesday. Before the ECB announced its decision to hold rates at 1 percent, it had traded as [...]
LONDON (AP) – The cost of three-month dollar loans between banks fell to a new low Wednesday while the European rates held steady ahead of key interest rate decisions.
The British Bankers’ Association said the rate on three-month loans in dollars – known as the London Interbank Offered Rate, or Libor – fell 0.01 of a [...]
LONDON (AP) – The cost of three-month dollar loans fell to another record low Monday as stock markets continued to rally around the world amid renewed hopes that the worst of the global recession has passed.
The British Bankers’ Association said the rate on three-month loans in dollars – known as the London Interbank Offered Rate, [...]
BERLIN (AP) – The 16-nation euro rose Friday against the U.S. dollar as Washington reported record-high unemployment while Germany, Europe’s largest economy, saw its number of jobless drop.
In morning European trading the euro bought $1.3997, up from $1.3962 in late New York trading on Thursday. The British pound rose to $1.6048 from $1.5953 the day [...]
NEW YORK (AP) – The dollar kept falling Friday, notching fresh multimonth lows against the euro, pound and yen as a warning that Britain’s debt level may result in its credit rating being cut ricocheted into worries about the massive U.S. deficit.
The 16-nation euro rose to $1.4011 in late New York trading from $1.3889 in [...]
LONDON (AP) – The cost of three-month dollar loans slid to a new record low Wednesday after Bank of America Corp. said it had raised around $13.5 billion to shore up its capital position.
Earlier this month, the U.S. regulatory authorities said Bank of America would need an additional $33.9 billion, more than any other bank [...]
LONDON (AP) – The cost of three-month dollar loans between banks dipped slightly Thursday but remained at an elevated level amid ongoing worries about the financial sector’s health and despite a reassurance from Citigroup Inc. this week that it had got off to a solid start in 2009.
The British Bankers’ Association said the rate on [...]
