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Turning the Page on LIBOR

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Following a tortuous journey marred by scandals and regulatory scrutiny, the time has come to cease the publication of the London Interbank Offered Rate (LIBOR). For over five decades, LIBOR has played a pivotal role as a benchmark, influencing interest rates worldwide and impacting various complex financial instruments. However, due to its tainted history and […]

The post Turning the Page on LIBOR appeared first on Modern Diplomacy.

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