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| UK hands Libor rate supervision to NYSE
UK hands Libor rate supervision to NYSE
July 09, 2013
LIBOR is calculated daily, using estimates from banks of their own interbank rates, however the system has been found to be open to abuse.
Read more at:
http://news.com.au.feedsportal.com/c/34564/f/632570/s/2e6a56f8/l/0L0Snews0N0Bau0Cbusiness0Cbreaking0Enews0Cuk0Ehands0Elibor0Erate0Esupervision0Eto0Enyse0Cstory0Ee6frfkur0E12266767596560Dfrom0Fpublic0Irss/story01.htm
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