The Pakistani rupee (PKR) closed in red against the US Dollar (USD) today after opening trade at 282 in the interbank market.

Interbank rates showed a mixed trend as the financial system maintained a healthy liquidity surplus, effectively meeting the ...

The interbank lending rate has an influence on the cost of borrowing for consumers as it determines part of a lender’s ...

The first element is the exchange rate. “Typically, banks trade foreign exchange with each other at what is called the ...

Announcement of the Central Parity Rates of the RMB Exchange Rate Authorized by the China Foreign Exchange Trade System on April 24, 2025 ...

Shanghai will “enhance the functionality” of the Cross-Border Interbank Payment System (CIPS) – China’s alternative to the Society for Worldwide Interbank Financial Telecommunication ...

The NBU decreased the net sale of foreign currency on the interbank foreign exchange market in the period from April 7 to ...

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The bankers reckon that the current model has failed to take the cue from monetary policy actions like cuts on the benchmark ...

Interbank funding rates surged in the Nigerian money market as system liquidity declined, following the Central Bank of ...

The Central Bank of Egypt (CBE) announced that the total value of interbank payments in local currency processed through the ...