Financial

Karachi Inter Bank Offered Rate

Karachi Inter Bank Offered Rate

Commonly called KIBOR. The average interest rate that prime banks in Pakistan offer for term deposits.
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References in periodicals archive
This is because the benchmark Karachi Inter Bank Offered Rate (Kibor) for six months is 9.56 per cent.
Rates, slow business hit Pak banks' profits
Its immediate impact: the six-month benchmark Karachi Inter Bank Offered Rate goes up from 12.16 to 12.76 percent.
COMMENT: Can the discount rate hike curb inflation? -Muhammad Aftab
As against the 150 basis point raise in DR in fiscal year-2011, the six-month benchmark Kibor (Karachi Inter Bank Offered Rate) and WALR also rose by 143 basis points.
Pakistan gauges impact of discount rate cut
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