financial markets

Assess the importance of LIBOR to the world’s financial/credit markets.

Your response should be at least 200 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2012). Fundamentals of multinational finance. (IV ed., pp. 131-134). New York: Pearson.

In-text citation

(Moffett, Stonehill& Eiteman, 2012)

No Wiki, no dictionary.com, please cite all work