Ask Question
7 July, 21:16

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

+3
Answers (1)
  1. 7 July, 23:59
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers