What Is The Mid-Market Rate (or the Interbank rate)? Why Is It Important?

If you are remotely involved in the world of foreign exchange, whether it is an FX trade or buying/selling of FX or making cross-border payments, the mid-market rate is a team you will definitely come across.

Here is a simple video that explains what it is and how it works.

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This page was last updated on September 1, 2022.

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