KIBOR is the abbreviation of ___?
- Khyber inter Bank Offered Rate
- Karachi inter Bank Offered Rate
- Kingston inter Bank Offered Rate
- Kolkata inter Bank Offered Rate
Explanation
The Karachi Interbank Offered Rate, commonly known as KIBOR, is a daily reference rate based on the interest rates at which banks offer to lend unsecured funds to other banks in the Karachi wholesale money market.
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