Euro zone banks adopt ECB rate after Euribor scandal

  • 📰 Reuters
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The euro zone's top lenders decided on Thursday to adopt the European Central Bank's interest rate of overnight inter-bank lending as their new benchmark, in a first move to reform a crucial market compromised by manipulation scandals.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines