Euribor uTfeFUD
Euribor, or the Euro Interbank Offered Rate, is a key interest rate in the Eurozone that indicates the cost of borrowing between banks. The current trends for Euribor rates in November 2024 show notable fluctuations.
As per the latest updates, the 3-month Euribor rate as of November 8, 2024, stands at 3.032%. For the same month, it was recorded at 3.085% on the first day. Further historical data reveals rates for earlier dates in November varying slightly, illustrating a gradual shift in borrowing costs. You can view the detailed monthly data for the 3-month Euribor here.
In addition to the 3-month rates, the 6-month Euribor is also tracked, showing a rate of 2.822% on November 8, 2024. The first of November recorded this rate at 2.912%. For continuous updates and historical data, refer to the current 6-month Euribor rates here.
A comprehensive overview of Euribor rates throughout the year 2024 is available here, which includes historical context for each month and valuable insights into developing trends.
Detailed statistics from the Bank of Finland show daily values of Euribor rates, offering a visual representation of the trends; you may explore that data here.
For those interested in future predictions, forecasts indicate that by the beginning of November 2024, the Euribor could start around 2.547%, fluctuating between a maximum of 2.732% and a minimum of 2.278%. You can find more on these forecasts here.
Overall, the Euribor rates are an essential indicator of financial conditions in the Eurozone, reflecting the health of the banking sector and the overall economy.
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