May 15, 2010 fixedmortgagerates Says:
Bank Rates, referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the money supply.
Read More: bankratescom . com
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fixedmortgagerates Says:
Bank Rates, referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the money supply. Read More: bankratescom . com