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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (112947)4/20/2008 6:37:50 PM
From: marcher  Read Replies (1) of 132070
 
>>Friday, the closely watched three-month U.S. dollar Libor rose 0.09 percentage point to 2.9075%, its highest in nearly six weeks. Between Wednesday and Friday, the rate rose 0.174 percentage point, an increase that hadn't been seen since August and the start of the financial turndown that has spread from banks into the broader economy. Meanwhile, the six-month U.S. dollar rate -- used as the basis for payments on most subprime mortgages -- rose even more sharply and was quoted Friday at 3.01875%, or 0.33 percentage point more than at the start of the week.<<

it this the european dollar-focused intervention?
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