Interbank market seen resilient to Greek turmoil

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Interbank market seen resilient to Greek turmoil
LONDON: Euro interbank rates rose on Thursday, driven by low liquidity and rising interest rates, but with no sign of increased stress despite fierce speculation that Greece could restructure its government debt.
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Euro Greece
Image by karpidis

March 19 (Bloomberg) — James Rogers, chairman of Rogers Holdings, talks with Bloomberg’s Andrea Catherwood about his investment strategy for the euro and the pound. Rogers, speaking in London, also discusses the prospect of an international bailout for debt-stricken Greece. Copyright Bloomberg 2010 Jim James Rogers euro investment strategy short bailout Greece Germany dollar eurozone credit default swaps cds derivatives sterling UK US trade imbalance wars equities stocks correction