Interbank market

(redirected from Inter-Bank Markets)

Interbank market

Financial institutions exchange of currencies between and among themselves.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Interbank Market

The market for the trade of currencies, loans, and other financial instruments between banks. See also: Fed Funds.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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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