Interbank market

(redirected from Inter-Bank Markets)

Interbank market

Financial institutions exchange of currencies between and among themselves.

Interbank Market

The market for the trade of currencies, loans, and other financial instruments between banks. See also: Fed Funds.
References in periodicals archive ?
Black-marketing of the US dollar not only depreciated the Pakistani rupee against the greenback but it also widened difference in the exchange rate in the country's open and inter-bank markets.
Under former government of Prime Minister Shaukat Aziz, the foreign exchange rates witnessed stability and the rupee did not lose its value against the US dollar and remained at Rs61 to a dollar, which is presently valued at more than Rs85 to a dollar in the inter-bank market.
short-term inter-bank market, the judicious use of the program would

Full browser ?