Three month dollar Libor little changed

U.S.  dollar-denominated interbank lending rates were little changed on Friday, setting a bit of a platform from a two-month fall amid expectations global central banks will do whatever they can to free up lending.

 Three-month dollar Libor rates USD3MFSR= have held relatively steady this week near levels last seen in early April. At that time, worries over the potential fallout from a European debt crisis pushed the rates sharply higher.

 The 3-month dollar rate was set on Friday at 0.29219 percent, down slightly from 0.29250 percent on Thursday, and not far off the fixing of 0.29281 percent from last Friday. Read more