LIBOR refers
A. London Inter Bank Offered Rate
B. London International Bank Offered Rate
C. London interest for Bank offering Rate
D. London Interest Bond off shore Rate
Answer: Option A
Solution (By Examveda Team)
LIBOR refers to London Inter Bank Offered Rate. The London Interbank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans.This Question Belongs to Management >> International Finance And Treasury
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