Video answer: What is libor?
Top best answers to the question «Which libor rate is used for loans»
1 The most commonly quoted rate is the three-month U.S. dollar rate, usually referred to as the current LIBOR rate. LIBOR is also the basis for consumer loans in countries around the world, so it impacts consumers just as much as it does financial institutions.
Video answer: What is libor: what is it and why does it matter? ☝️