Bloomberg: China Halts Interbank Lending With US, China Morning Post…
Posted on September 24, 2008 at 20:23 PM EDT
[Skip to the end] This may actually help bring LIBOR down as the US banks don’t need USD funds from China while the rest of the world does. China Halts Interbank Lending With U.S., Morning Post Says By Joost Akkermans Sept. 25 (Bloomberg) China’s banking regulator told domestic banks to halt lending to U.S. financial institutions in the interbank [...]