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Interbank Sterling

Definition of 'Interbank Sterling'

The money market in which banks borrow and lend sterling among themselves.

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Related Terms

CHIPS Dollar Rate Call Rate Clearing House Interbank Payment System Interbank Brokers Wholesale Financial Markets Back to Back Loans Bank of England Index Black Wednesday Bulldog Bonds Clearing House Automated Payment System Convertible Currency Cross Rate Short Sterling Short-Term Interest Rate Future Special Drawing Right Transactional Exposure Translation Exposure

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