LIBOR

LIBOR interest rates have been on the rise since 2015.  As can be seen in Figure, this interest rate rises significantly before every crisis. It rose to 2.4 percent in 2019, which is not seen in the graph, and has started to decline since that year. As of September 2020, this ratio is around 0.82 percent (www.global-rates.com). The crisis comes…

Continue Reading