interbank

(redirected from Inter Bank)
Also found in: Financial.
Related to Inter Bank: interbank, Interbank rate

in·ter·bank

 (ĭn′tər-băngk′)
adj.
Of or relating to transactions or communication between banks: interbank borrowing.

interbank

(ɪntəˈbæŋk)
adj
(Banking & Finance) conducted between or involving two or more banks
Translations

interbank

adj (Fin) interbank depositsBank-bei-Bank-Einlagen pl; interbank loanBank-an-Bank-Kredit m
References in periodicals archive ?
ISLAMABAD -- The exchange rate of Dollar decrease by 09 paisa in inter bank and traded at Rs 141.30 against Rs 141.39, State Bank of Pakistan (SBP) reported on Friday.
Bostan said open market is strictly following the inter bank for buying and selling dollar at retail counters.
Karachi -- with Dollar at Inter Bank going down rapidly the price of petroleum products is expected to fall by Rs 7 by 1st of August.
The trading of US dollar among banks on the first day of implementing the inter bank mechanism witnessed limited transactions on Sunday.
Kerb purchases during the first nine months of the year amounted to $1,069 million and inter bank purchases $1,640 million while only $119 million was sold with net purchase of $1,521 million.
Islamabad -- Inter Bank Association (IBA) of Shanghai Cooperation Organization (SCO) has awarded the member ship to Habib Bank Ltd (HBL)
per US$) Inter Bank Rate Kerb Rate Date Buying Selling Buying Selling 02.01.2001 60.33 60.37 62.92 62.97 12.03.2001 60.20 60.25 63.00 63.03 19.03.2001 60.52 60.57 63.30 63.35 26.03.2001 60.77 60.81 64.00 65.05 30.03.2001 60.86 60.90 64.10 64.15 Source: Business Recorder
ISLAMABAD, January 10, 2012 (Frontier Star): Pakistani rupees free fall against the US dollar is still continuing, as it was traded on Monday at record low of 90.91 to a dollar in the inter bank market due to increased demand for greenback to pay for imports.

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