Jan 4 The rate banks charge each other to borrow
dollars for three months rose above 1 percent on Wednesday for
the first time since May 2009 as global interest rates extend
their climb on expectations of accelerating global growth and
The London interbank offered rate, or LIBOR, for three-month
dollars was fixed at 1.00511 percent, the highest
since 1.00688 percent on May 1, 2009, which was also the last
date the rate had topped 1 percent.
This compared with Tuesday's rate of 0.99872 percent.
(Reporting By Dan Burns)