Libor is useless. The query stays if any classes have been learnt from its disaster

Final week, the RBI issued a press release  which knowledgeable that banks/FIs had been anticipated to have developed the programs and processes to handle the whole transition away from Libor from July 1, 2023.

My piece on what led to this resolution and what future has in retailer submit Libor.

This entry was posted on Might 16, 2023 at 5:41 pm and is filed below Academic research & research papers, Central Banks / Monetary Policy, Economics – macro, micro etc, Financial Markets/ Finance. You may observe any responses to this entry by means of the RSS 2.0 feed.
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