Interbank market

(redirected from Interbank 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 ?
Earlier, the SBP asked the representatives of the exchange companies to bring down the dollar price to reduce the gap between the rate of open and interbank markets to just 1 per cent.
The currency dealers in the interbank market said the dollar traded at Rs110.
The investment represents an increase in the risk capital of Frontclear and allows Frontclear to extend its efforts to support the development of more inclusive and more liquid interbank markets in emerging and frontier economies.
Frontclear is a financial markets development company focused on catalyzing stable and inclusive interbank markets in emerging and developing countries (EMDC).
Under the state s strategic guidance to develop the interbank markets, CFETS follows the principles of multiple technical approaches, various trading mechanisms and satisfying demands from multi-tiered markets , and commits to infrastructure construction, product and mechanism innovation on China s interbank markets, aiming to build itself as a global major trading platform and pricing centre for RMB and related products .
Foreign exchange dealers said that the rupee gained impressively by one rupee and 75 paisas against the greenback in early morning trade in the open and interbank markets.
The central bank follows a system of regular open market operations on Tuesdays and Thursdays to calibrate liquidity levels in the interbank markets.
With interbank markets in the United States and Europe congested, forward foreign exchange markets become more difficult to organize.
KuwaitCOs central bank confirmed on Wednesday it is withdrawing a temporary facility to cover dinar positions in the interbank markets.
Interbank claims on nonrelated depository institutions in the United States, both loans to and balances due from nonrelated depository institutions, amounted to only about $12 billion, or 4 percent of total assets, a relatively small component for multinational banks that tend to be active in interbank markets.
True repo structures make interbank markets more liquid and inclusive and enable all participating banks to have expanded access and in turn allow them to better serve the needs of their client base.
Global Banking News-October 17, 2011--ECB would not allow interbank markets to freeze(C)2011 ENPublishing - http://www.