Interbank Forex
The interbank market is the top-level foreign exchange market where banks exchange different currencies. the banks can either deal with one interbank forex another directly, or through electronic brokering platforms. the electronic broking services (ebs) and thomson reuters dealing are the two competitors in the electronic brokering platform business and together connect over 1000 banks. The interbank exchange rate is found by taking the midpoint between the buy and sell rates for a currency on the open market. there are also generally different rates depending on whether you’re buying or selling a currency. The forex interbank market explained forex training group. Interbank Rate In Pakistan Today Live Inter Bank Interbank foreign exchange market wikipedia. An interbank market is a trading exchange where the largest banks trade and create the prices of a security directly between themselves. the largest such market, and at the same time the largest market in the world is the cur...