Profile
Interbank Brokerage Division consists of two dealing desks, Money Market and Foreign Exchange that are supported directly by treasury back office. Our Interbank Brokerage team consists of 15 professionals having average experience of more than 10 years. It provides services to a number of reputable banks, financial institutions and corporations.
This desk is divided into three areas, Interbank dealing, Fixed Income and Corporate.
The desk facilitates banks in forex transactions (buying /selling of dollars in spot, forward and swaps). This caters to the broking needs of the interbank market. We provide research and important updates about local and international events. Prompt updates about forex rates and their movements is a key to our success in the interbank brokerage.
Cater to local currency transactions (Repo, Reverse repo, Call and Clean) of banks, Non-Banking Financial Institutions (NBFIs), Development Financial Institutions (DFIs) and corporates
Manages out right transactions of Bond, T- Bill, Sukuk and TFC with Banks, NBFIs, DFIs and Corporates
Provide clients with coverage on Pakistan’s Emerging Corporate Debt Market
Advisory of financial product units
Money market research reports
Facilitate banks in foreign exchange transactions (buying /selling of dollars in spot, forward and swaps)
| Currency (Jan. 25, 2021) | Open Market | Interbank |
|---|---|---|
| PKR/USD (Buy) | 160.45 | 160.85 |
| PKR/USD (Sell) | 160.95 | 160.80 |
| PKR/GBP | 220.53 | 219.91 |
| PKR/UAE Dirham | 43.83 | 43.78 |
| PKR/JPY | 1.55 | 1.55 |
| PKR/EURO | 195.94 | 195.23 |