Interbank us dollar rate
Looking forward, we estimate Interbank Rate in the United States to stand at 0.52 in 12 months time. In the long-term, the US Dollar LIBOR Three Month Rate is projected to trend around 0.77 percent in 2021 and 1.27 percent in 2022, according to our econometric models. The interbank exchange rate is the rate banks and big financial institutions use when swapping currencies from one to another. Currency swaps happen from 5pm EST on Sunday until 4pm EST on Friday. Unfortunately this is NOT the rate you usually get, but you can maximize the rate you do. How Interbank Exchange Rates Work