Interbank interest rates in various cities around the world are often
Interbank interest rates in various cities around the world are often the basis for interest rates in contractual loan agreements. What is the most important of these rates?
A) London Interbank Offer Rate (LIBOR)
B) Frankfurt Interbank Offer Rate (FIBOR)
C) Hong Kong Interbank Offer Rate (HIBOR)
D) Euro Interbank Offer Rate (EURIBOR)
ANSWER
Answer: A
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