Posts Tagged ‘ended credit crunch’

Credit Crunch has Ended?!

Sunday, May 24, 2009 9:04 No Comments

Economists called the end of the credit crunch this week as the short-term interest rate that banks charge to borrow from each other fell to a record low on dollar, euro and pound-denominated loans.
The continuing decline in the London interbank offered rate signalled a return to normality for the credit markets for the first time [...]

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