Interbank rate

Interbank Rate

1. See: Interbank offer rate.

2. See: Interbank bid rate.

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References in periodicals archive ?

The bank said that one member voted to lower borrowing costs by 25 basis points, while the remainder of the five-strong board opted to hold the overnight interbank rate unchanged at 8.25 percent.

Mexican central bank holds rate steady

The interbank rate is the benchmark rate to determine the value of dollar and sets the direction for open market rates.

Dollar hits all-time high at Rs162.16 in interbank market

The interbank rate on Thursday was quoted as Rs141.50 while the greenback disappeared in the kerb.

SBP, dealers meet to contain rise in dollar rate

The interbank rate, which relates to lending between banks, stood at 50 percent in the past three days.

Finance Ministry to issue T-bills at 10.3 pct

GLA fully amortized its outstanding 6th series of debentures, which paid a coupon of 132 percent of the Brazilian CDI interbank rate, in the total amount of BRL 1.025 billion and issued a new single series of non-convertible and unsecured debentures in the amount of BRL 887.5 million, resulting in a net indebtedness reduction of BRL 137.5 million.

GOL completes amortization of debentures issues by GLA

The interbank rate on Tuesday rested at Rs124 as the market opened, rose to Rs138, then dipped slightly to Rs133.

Rupee nosedives by 10pc as dollar soars to Rs138

In parallel, the interbank market saw a mere offer for the greenback, which kept the LP/US$ interbank rate stable at LP 1,514-LP 1,514.50.

LEBANON FOREX

It was traded lower at the open market as Rs123.00 -124.00 well below the interbank rate. Since Monday, the dollar has lost Rs4 in the interbank market and Rs7 in the open currency market.

Country's dollar reserves jump by $1.339b to $17.079b

Saibor, a key Saudi interbank rate for riyals, rose on Monday above the central bank's benchmark repurchase rate, meaning that the Saudi central bank, SAMA, could face renewed pressure to raise the repo rate to keep the riyal attractive for depositors who might otherwise be tempted to shift into dollars.

Saudi Arabia struggles to respond to pressures on peg

The analysts noted that the amount of the bids exceeding the Sh35 billion offer happened due to improved liquidity where the average interbank rate came down and the Treasury bill offers were also oversubscribed.

Treasury raises Sh36bn in mega projects bond offer

Broad money supply (M2) grew by 14.4% year on year in August from 8.3% in July while the overnight interbank rates rose to 2.13% in August from 1.8% in July; the three-month interbank rate rose to 2.57% from 2.23%, QNB said.

Qatar international reserves recover to $39bn in August

In September, it lifted the interbank rate a half-point to 4.75 percent to support a weak peso currency, which had depreciated significantly against the U.S.

Mexico Raises Interest Rates

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