A Key Saudi Interbank Rate Is Now the Highest in Nine Years - Bloomberg:
"A rate used to price loans in Saudi Arabia climbed to the highest level since the financial crisis. But unlike 2016, it’s the race to stay ahead of Libor, and not a liquidity squeeze, that’s raising borrowing costs. The three-month Saudi interbank offered rate advanced on Tuesday to 2.38625 percent, two basis points above the London interbank offered rate on Monday, according to data compiled by Bloomberg."
'via Blog this'
No comments:
Post a Comment