The interbank market is heavily influenced by economic and political events, as well as global trends in finance and trade. Here are some of the key factors that can impact the interbank market:

1. Economic data: Economic data releases, such as gross domestic product (GDP) growth, inflation rates, and unemployment figures, can all have a significant impact on the interbank market. For example, if GDP growth is stronger than expected, this could lead to an increase in demand for a country's currency, leading to an appreciation in its value relative to other currencies.
2. Central bank policy: Central banks can have a significant impact on the interbank market through their monetary policy decisions. For example, if a central bank raises interest rates, this can lead to an increase in demand for the currency of that country, as investors seek higher returns.
3. Geopolitical events: Political instability, wars, and other geopolitical events can also impact the interbank market. For example, a terrorist attack or a major political scandal could cause a sharp decline in the value of a country's currency.
4. Market sentiment: Market sentiment, or the general mood of traders and investors, can also have an impact on the interbank market. If investors are optimistic about the future prospects of a particular country, this can lead to an increase in demand for its currency, leading to an appreciation in its value relative to other currencies.