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UK watchdog proposes temporary 'synthetic' dollar Libor rate

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UK watchdog proposes temporary 'synthetic' dollar Libor rate

Britain's Financial Conduct Authority proposed on Wednesday to allow a 'synthetic' form of the dollar denominated Libor interest rate benchmark until September 2024, when use of what was once dubbed the world's most important number will end permanently.

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UK watchdog proposes temporary 'synthetic' dollar Libor rate

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UK watchdog proposes temporary 'synthetic' dollar Libor rate

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