The interest rate that banks charge each other for loans is called the .?

The interest rate that banks charge each other for loans is called the interbank lending rate. This rate can vary depending on the currency and market conditions, with the most commonly known rates being the LIBOR (London Interbank Offered Rate) and the EURIBOR (Euro Interbank Offered Rate). These rates are crucial for determining the cost of borrowing and lending in the financial system.