Libor: This APAC country sets up a steering committee to deal with transition
Future CFO
SEPTEMBER 1, 2019
Libor is the rate at which banks can borrow from each other, for up to a year, in dollars and other currencies including sterling, Swiss francs, yen and euro. IASB proposes that organizations can assume their cash flows will be unchanged as a result of the interest rate benchmark reform.
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