Discover how the interbank call money market facilitates short-term borrowing and lending between financial institutions to meet liquidity needs at interbank rates.
The Central Bank of Kenya (CBK) has announced a new lending framework requiring all banks to use the interbank rate as the base for pricing loans. Under the new system, banks will no longer set their ...
HONG KONG, June 14 (Reuters) - Hong Kong dollar interbank rates could catch up with, or even overshoot their U.S. dollar counterparts as companies' demand for the local currency for dividend payments ...
Zimbabwe’s acceptance that most business will take place at a newly introduced interbank rate for the Zimbabwe dollar amounts to an effective devaluation of the local currency, a policy maker said.
With LIBOR's long-awaited sunset, the future of interest rate benchmarking must be defined by choice, writes John Shay, CEO of American Financial Exchange. The moment of truth is finally here: the ...
Singapore is reviewing its interbank lending rate to determine how it can be strengthened and whether proposed alterations will withstand changes in the market structure, a government official said.
LONDON, April 21 (Reuters) - The Libor fixing investigations that are starting to gather pace around the world could become this summer's cause celebre. Now that hedge fund FTC Capital has upped the ...
The inter-bank rate, last week, rose by 333 basis points to 14.5 per cent. This was largely due to Central Bank of Nigeria (CBN’s) liquidity management efforts. The CBN had mopped up over N200 billion ...
Analysts see the first US rate cut in June, with a falling Hong Kong interbank rate set to bring relief to borrowers Hong Kong's de facto central bank left its base rate unchanged after a similar move ...
The Pakistani rupee posted marginal gain against the US dollar, appreciating 0.01% in the inter-bank market on Tuesday. At close, the local currency settled at 279.67, a gain of Re0.03 against the ...