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.
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SBP), to initiate an inquiry into the sharp deterioration of PKR-US$ exchange rate in the inter bank market on 5th July 2017, and to send a report in this regard within a period of ten days.
Governor State Bank of Pakistan asked to initiate an inquiry
75bn) of five-year bonds on the domestic inter bank market soon, Dow Jones has reported, citing a person familiar with the situation.
-China Citic Bank plans to sell CNY30bn in five-year bonds
The rupee is presently being traded at over Rs85 for a dollar in the inter bank market.
BLACK MARKETING OF THE US DOLLAR
In the initial days, the rupee depreciated in the inter bank market by few paisa, whereas kerb market maintained relative stability.
Rupee continues to rise. (Currency Market)
91 to a dollar in the inter bank market due to increased demand for greenback to pay for imports.
Rupee's free fall against the US dollar is still continuing
7bn after LKR18bn of excess liquidity in the inter bank market was mopped up overnight.
Central bank of Sri Lanka to offer own securities
In order to stabilize exchange rate, the State Bank purchased from the inter bank market mostly in the second and third quarter.
Rupee remains stable. (Currency Market)

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