Ask Question
1 October, 03:27

Distinguish between the central bank rate and the commercial bank's lending rate. What are these two rates referred to as, in south Africa?

+4
Answers (1)
  1. 1 October, 04:36
    0
    the bank which monitors, regulates amd control the financial system of the economy is known as central bank whereas commercial bank is the banker to the citizen
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Distinguish between the central bank rate and the commercial bank's lending rate. What are these two rates referred to as, in south Africa? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers