The interbank interest rate increased - البرشا للاستثمار القابضة

The interbank interest rate increased

The interbank interest rate increased

According to Central Bank statistics, the interbank interest rate reached 23.72% with an increase of 0.04% at the end of the fourth week of October.

According to the report of Saturday, October 28, 1403, “Information base of Bersha Investment Holding”, the Central Bank’s data from the latest interbank interest rate statistics at the end of the third week of October of this year, indicate an increase of 0.04% in the interbank interest rate on Wednesday, October 25. , is

Based on this, the interbank interest rate at the end of the first week of October went from 23.74% to 23.73% at the end of the second week of October and with a decrease of 0.05% to 23.68% at the end of the third week of October, and finally with an increase 0.04% reached 23.72% at the end of the fourth week of October.

According to the statistics of the Central Bank, last month, at the end of the third week of September (September 21), the interbank interest rate decreased by 0.03% and reached 23.68%. However, in the last week of September, the interbank interest rate increased by 0.02% from 23.68 to 23.7%, and in the first week of October (4th of October), it reached 23.74%, which is the highest interest rate. It has been interbank since the beginning of this year until today.

The interbank interest rate increased
It should also be noted; At the end of last week, the minimum rate of repurchase agreement or interbank repo operation was in the range of 23%, according to the previous routine.

It should be said; Repurchase agreement or interbank repo operation is an agreement between two parties (two banks). in such a way that one party sells its securities to the other party at a specified price; In other words, it borrows money and simultaneously undertakes to buy the same securities at a specified price and on a specified date in the future.