In which market do banks borrow excess reserves from each other on a day-to-day basis?

Name: In which market do banks borrow excess reserves from each other on a day-to-day basis?
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Question

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Banks borrow excess reserves from each other on a day-to-day basis in the overnight money market, where funds are exchanged between banks overnight to manage their reserves and ensure they meet their reserve requirements. This market is also known as the Federal funds market in the United States.

In Which Market Do Banks Borrow Excess Reserves from Each