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View Full Version : Money-Market Rates May Rise as Banks Hoard Cash, Crisis Deepens - Bloomberg



NewsWhore
10-06-2008, 05:21 AM
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Money-Market Rates May Rise as Banks Hoard Cash, Crisis Deepens (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da2BONd1Oo7m4%26refer%3Dhome&cid=0&ei=49npSKX-AoGi9gSx45xJ&usg=AFQjCNEgmSinvC3EI5huekwoZwbkKLk8sg)
Bloomberg - 17 minutes ago
``Euro and dollar funding has shot up due to the bank failures in those places,&#39;&#39; said Irene Cheung, a currency strategist at ABN Amro Bank NV in Singapore. ...


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