Record jump in the interbank interest rate The latest statistics of bank interest rates on November 5, 1405 show that the interest rate of the interbank market reached 33.92% with a record jump; A figure that indicates an increase of nearly 10 percentage points compared to the previous level of about 24%. This increase occurred after about 10 weeks of stabilization of the interbank interest rate in the range of 24% and indicates a significant change in the conditions for the provision of liquidity in the banking network. According to published statistics, the minimum repurchase agreement rate reached 32%, the regular credit rate reached 34%, and the regular deposit rate reached 26%. The simultaneous change of these rates indicates the transfer of the monetary policy framework to higher levels. The increase in the interbank interest rate could be a sign that monetary policy is moving towards further contraction in order to control liquidity and curb inflation. the channel.