PDA

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



NewsWhore
10-06-2008, 02:01 PM
<img alt="" height="1" width="1">
Money-Market Rates Climb as Banks Hoard Cash, Crisis Deepens (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaA1JyufIMExE%26refer%3Duk&cid=0&ei=hEXqSK3PBaqi9gSF3rhB&usg=AFQjCNFRgMkNJGMtsLKcJInVLZXNv1q-sQ)
Bloomberg - 13 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. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaA1JyufIMExE%26refer%3Duk&cid=0&ei=hEXqSK3PBaqi9gSF3rhB&usg=AFQjCNFRgMkNJGMtsLKcJInVLZXNv1q-sQ)