Interbank market

(redirected from Inter-Bank 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 ?
Pakistani Rupee plunged to yet another all-time low against US dollar after it dropped to Rs155 against the greenback in the open and inter-bank markets on Friday.
On Thursday, the rupee depreciated by Rs1.25 against the dollar for buying at Rs152.80 and it also dropped by Rs1.40 for selling at Rs153.00, at inter-bank market. As per reports, PKR has depreciated over 32.70 percent from Rs 118.37 in the last 12 months.

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