For instance, Europe has the European Interbank Offered Rate (EURIBOR), Japan has the Tokyo Interbank Offered Rate (TIBOR), China has the Shanghai Interbank Offered Rate (SHIBOR), and India has theMumbai Interbank Offered Rate (MIBOR). LIBOR Rate Rigging Scandal While LIBOR was a long-establis...
Answer to: What is the difference between Weighted Average Call Rate (WACR) and Mumbai Interbank Offer Rate (MIBOR) in the context of Indian...