1.

Which of the following is rate of interest the major international banks charge each other for borrowings ?

A. New York Interbank Offered Rates (NIBOR)
B. international Interbank Offered Rates (IOBOR)
C. London Interbank Offered Rate (LIBOR)
D. USA Interbank Offered Rate (UIBOR)
Answer» D. USA Interbank Offered Rate (UIBOR)


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