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There is no single "money rate". There are rates of exchange between the currencies of most countries. These are dynamic rates and change continuously. You can find reasonably up-to-date rates from various currency exchange rate websites.
Then there are interest rates for borrowing and lending. Interest rates for borrowing will depend on what you are borrowing for, how long you are borrowing for and your credit-worthiness. The rate of interest that you might get for saving depends on the amount and the period.
All these rates depend on the state of the economy and the expected development in the economy over the period in question.
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What is Money wage rate?
The money wage rate is the number of dollars that an hour of labor earns.
Simple definition of Repo Rate?
Repo rate is the rate at which RBI lends money to scheduled banks. Its also called Repurchase rate. Reverse Repo Rate is the rate at which RBI borrows money from banks.
What is the ultimate impact on the money supply of an increase in the discount rate?
The increase in the discount rate will cause the money supply to reduce in growth
What is the current money exchange rate in Canada?
exchange rate can$ to SA Rand
Are interest rate and coupon rate the same?
Actually they mean the same thing but they are used in two totally different situations. Interest Rate is the money paid by a bank that has accepted a deposit from a Customer. Coupon Rate is the money paid by a person who has issued Bonds to people in return for the money they have given him.
What is the rate of zakaah for money in percentage?
The rate of Zakaah for money is (in percent)
What is Money wage rate?
The money wage rate is the number of dollars that an hour of labor earns.
Simple definition of Repo Rate?
Repo rate is the rate at which RBI lends money to scheduled banks. Its also called Repurchase rate. Reverse Repo Rate is the rate at which RBI borrows money from banks.
How do how do you decide whether the larger unit rate or the smaller unit rate is the better buy?
If the numerator is money then the smaller unit rate is better. If the denominator is the money, then the larger unit rate.
What is money call rate in banking?
Generally Call Money in Banking means the money Banks borrow and lend among themselves. This is generally for a day. So the rate at which these funds are lent is the call money rate. Beyond one day its called notice money.
How does banks make money?
People who deposit money get a small rate of interest paid to them. The bank lend that money to people and charge a higher rate.
What is repo rate?
the repo rate is the rate that the reserve bank lends money to commercial banks
What is the current earning rate for Money Market accounts?
The average Money Market rate for a deposit under $10,000 is 1.54%.
How do you get a higher rate of return?
Just as getting more money produces a higher rate of return, getting the money sooner also produces a higher rate of return.
What is the money cost?
Interest rate
What is the cost of money?
Interest rate
What is the exchange rate between American money and british money?
the rate changes every 3 seconds. You can get live rates on www.transfermate.com
