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The current LIBOR interest rates can be found by contacting branches of banks and finance companies in Great Britain as these interest rates relate to the London money markets.

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What is the current libor interest rate?

The current Libor rate for June 26, 2013 is .68 for a one year loan and ranges between .19 - .41 for one to six month loans. The Libor rate is not fixed and is subject to change based on market conditions.


Where can I find a current libor rate chart?

Fedprimerate is updated regularly with the current libor rate. As it is likely to change, it is wise to check it just before you need the information provided.


What does the Libor rate stand for?

The Libor rate is the Libor interest rate used by the banking and mortgage industries. This means that it has something to do with money and homes. It is also a percentage.


Where can I find info on libor rate history?

You can find historical LIBOR rates on various financial news websites like Bloomberg, CNBC, or the Wall Street Journal. Additionally, the ICE Benchmark Administration (IBA) website also provides historical LIBOR rate data.


How is Libor Rate set by the government?

The London Interbank Offered Rate, or Libor, is the average interest rated estimated by banks in London. The government takes the submitted interest rates and averages them together to set the Libor Rate.


What is the work of libor?

Libor or LIBOR is the London Interbank Offered Rate. The way it works is that it is the average interest rate based on estimates by leading banks in London.


Are the LIBOR rate charts useful in predicting interest rate fluctuations?

The LIBOR rate charts provide a daily interbank interest rate that banks base their internal rates on. Basically this LIBOR chart is used as a wholesale rate that the London bank charges to other retail banks.


Where to learn about the libor rate?

You can find libor rate history information on the libor stocks website. This website clearly explains in great detail about the libor rate history, and is greatly informative.


What does LIBOR mean Is LIBOR normally higher or lower than the U.S. prime interest rate?

LIBOR, or the London Interbank Offered Rate, is a benchmark interest rate that indicates the average rate at which major global banks lend to one another in the unsecured interbank market. Typically, LIBOR is lower than the U.S. prime interest rate, which is the interest rate that commercial banks charge their most creditworthy customers. The prime rate is generally set at a margin above LIBOR, reflecting the higher risk associated with lending to consumers and businesses compared to interbank lending.


What is the current 6 month LIBOR rate?

About 0.48


What can I use the LIBOR index for?

LIBOR index is the London Interbank Offered Rate. It is used as a reference of the interest rate at which the banks will lend money to each other. The LIBOR index changes daily.


What is the LIBOR interest rate?

London Interbank Offered Rate - LIBOR is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the London wholesale money market.