Interbank market


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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 ?
Banks in the nation have been forced out of the interbank market because of a heavy debt burden, and therefore they are dependent on the emergency support being made available by the ECB.
The launch of new Toshin funds in Japan, yield-seeking foreign investment funds, will help persuade many interbank market participants to remain bearish of the yen, along with the backdrop of risk appetite.
Dollar which was the interbank market for million dollar blocks on September 2, 1998.
It is believed that the development would give HSBC Holdings greater access to China's interbank market.
GBP experienced profit taking as option names caught the European interbank market long.
Although both banks have strong public policy roles and both are wholly-owned by the government, Standard & Poor's believes that Turk Eximbank's daily funding needs are less likely to test the capacity of the domestic interbank market.
54 TL in interbank market and Istanbul free market immediately after markets opened on Thursday.
The level of these deposits at the central bank is an indicator of the reluctance of banks to lend to each other on the pivotal interbank market and levels have been topping new highs this week as European governments draw up possible plans of action to avert a potential collapse of the banking sector.
60 billion) overnight at the European Central Bank, data showed on Wednesday, suggesting the crucial interbank market is clogged.
The FINI FX Forex Academy, which was developed by FINI FX for investors interested in the foreign currency exchange (forex) market, teaches the history of forex and the interbank market, gives the user trading tools, charting and technical analysis, and includes demo account trading tied to the FINI FX Pro Trading Platform, which is the most powerful, simple to use online forex trading platform in use today in the forex spot market.
1, 1994, the export retention scheme, providing entitlement to foreign exchange, was transformed into a system where foreign exchange itself is retained and traded in an interbank market at market-determined exchange rates.
The "Forex Academy" software product marketed by the FINI Group teaches the history of Forex and the interbank market, gives the user trading tools, charting and technical analysis, and includes demo account trading.