Question

Libor why it is most popular in foreign exchange market

Answer 1

One of the main reasons LIBOR is used so widely is because of the way the rate is calculated and constructed. LIBORrepresents the lowest borrowing rate among banks and big financial institutions. Other rates are fixed on topof the LIBOR.

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Answer 2

hlw mate..

ur ANSWER.

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One of the main reasons LIBOR is used so widely is because of the way the rate is calculated and constructed.LIBOR represents the lowest borrowing rate among banks and big financial institutions. Other rates are fixed on TOP of the LIBOR



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