Interbank rate
(redirected from Inter Bank Rates)Interbank rate
See: LIBOR
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Interbank Rate
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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But the main cause of the 3 rupees difference between Inter Bank Rates and the Market Rates.
The spread between three-month inter bank rates - currently 6.261% - and the Bank's 5%official base rate is wider than during the emergency bailout of Northern Rocka year ago, near the outset of the credit crisis.
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