What is the term for the interest rate at which commercial banks lend reserves to each other overnight?
a) Prime rate
b) Discount rate
c) Federal funds rate
d) LIBOR

Question

25-06-2024
Business

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What is the term for the interest rate at which commercial banks lend reserves to each other overnight?
a) Prime rate
b) Discount rate
c) Federal funds rate
d) LIBOR

Sagot :

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