Inter Bank Rates in Pakistan - Find daily updated interbank market forex rate online and get Pak Rupee (PKR) interbank market currency exchange rate in major currencies (forex) like USD Dollars, Euro, GBP and in other currency money exchange rates. Webtafreeh.com Finance provides live foreign exchange interbank rates Pakistan and local foreign exchange banks rates. Interbank Rates are the rate of interest charged on short-term loans made between banks. Banks borrow and lend money in the interbank market in order to manage liquidity and meet the requirements placed on them. The interest rate charged depends on the availability of money in the market, prevailing rates, and the specific terms of the contract, such as term length.