Apr 9, 2021 00:54
3 yrs ago
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English term
call money rate
GBK
English to Serbian
Bus/Financial
Business/Commerce (general)
Definition from
The Economic Times:
Call money rate is the rate at which short term funds are borrowed and lent in the money market.
Example sentences:
The weighted average call money rate in the country’s banking system dropped to a two-year low with the rate remaining below 2 per cent for the last one month amid poor credit demand against injection of additional money by the central bank to boost the country’s economy following the coronavirus outbreak. (New Age )
Demand and supply of liquidity affect the call money rate. A tight liquidity condition leads to a rise in call money rate and vice versa. (The Economic Times)
As per Reserve Bank of India (RBI), the call money rates climbed to a weighted average 6.5% as on Monday from 6.3% on September 7. (Money Control)
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