Showing posts with label Terminology. Show all posts
Showing posts with label Terminology. Show all posts
Repo Rate
What is Repo Rate?
This is the rate at which central bank of a country (e.g. “Federal Reserve” for USA, “Reserve bank of India” for India, “Central bank of Russian Federation” for Russia) lends money to commercial banks in case of any deficiency / shortfall of funds. This is one of the important tools to control inflation rate in a country.
Subscribe to:
Posts
(
Atom
)
