Bank Rate

Definition: Bank Rate

Bank Rate

Noun

1. The discount rate fixed by a central bank.

Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved.
 

Finance

Source: compiled by the editor from various references; see credits.

Crosswords: Bank Rate

Periodicals

• Bank Rate Monitor (reference)

  (more periodical examples)

Source: compiled by the editor from various references; see credits.

Business

Official Central Bank rate is around 321 soum per USD 1. At the same time, the Government introduced a new commercial rate 675/690 soum per USD 1, which should be used by commercial banks when selling to the CBU and physical entities when buying/selling USD from the authorized banks. (references)

Physical entities can exchange at the new commercial rate that is lower than the market rate but considerably higher than the bank rate. Exchange rates are not regulated by the free market, but endorsed by the Central Bank. It's important for a foreign investor to find a reliable local partner with the profound knowledge of the market and local networks. (references)

Economic History

Dominican Rep

Moreover, for exporters of non-traditional products (i.e., manufactured goods and processed agricultural goods) and the tourism sector, dollars can be sold at the free market rate rather than the Central Bank rate. (references)

India

The bank rate was cut by 50 basis points to 7 percent; the Cash Reserve Ratio was reduced by 50 points to 7.5 percent in two phases of 25 basis points each in February and March 2001. Banks can tap domestic capital markets through a variety of instruments. (references)

Trade

Dominican Rep

The exchange rate of commercial banks varies around the official rate: in times of dollar abundance, the commercial bank's rate will generally be below the Central Bank rate, and the Central Bank will buy dollars to keep the Peso from appreciating further; in times of relative dollar scarcity the commercial bank rate will be above the Central Bank rate, and the Central Bank will sell dollars to keep the Peso from depreciating further. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

Danish

officiel diskonto (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Dutch

bankdisconto (bank discount, discount rate, Federal discount rate), officieel disconto (discount rate, minimum lending rate, official discount rate, prime lending rate), officiële diskontokoers (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Esperanto

bankdiskonto (bank discount). (various references)

Finnish

virallinen diskonttokorko (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

French

TEB, TB (basic temperature), taux officiel d'escompte, taux d'escompte officiel, taux d'escompte, taux banque. (various references)

German

Diskontsatz (discount rate, Federal discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Greek 

προεξοφλητικόσ τόκοσ, επίσημο προεξοφλητικό επιτόκιο (discount rate, minimum lending rate, official discount rate, prime lending rate), επίσημο τραπεζικό επιτόκιο (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Hungarian

leszámítolási kamatláb (discount rate). (various references)

Italian

tasso ufficiale di sconto (discount rate, minimum lending rate, official discount rate, prime lending rate), tasso di sconto ufficiale (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Manx

cormid y vanc. (various references)

Pig Latin

ankbay ateray.(various references)

Portuguese

taxa de desconto bancário (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Romanian

procent de scont la bancã. (various references)

Spanish

tipo de descuento bancario. (various references)

Swedish

bankränta, officiellt diskonto (discount rate, minimum lending rate, official discount rate, prime lending rate). (various references)

Turkish

iskonto oranı, faiz oranı. (various references)

Ukranian 

дисконтна ставка банку. (various references)

Scrabble® Enable2K-Verified Anagrams

-1 letter: antbear, tanbark.

-2 letters: abater, banker, banter, kantar, karate, tanker.

-3 letters: abate, anear, antae, antra, antre, arena, baker, brake, brank, brant, break, brent, kabar, karat, kebar, rabat, ratan, reata, taber, taken, taker, tanka, trank.

-4 letters: abet, anta, ante, arak, area, bake, bane, bank, bare, bark, barn, bate, beak, bean, bear, beat, bent, beta, brae, bran, brat, bren, earn, etna, kana, kane, karn, kart, kata, kbar, kent, kerb, kern, knar, nabe, nark, near, neat, rake, rank, rant, rate, rent, taka, take, tank, tare, tarn, teak, tear, tern, trek.

-5 letters: aba, ana, ane, ant, arb, are, ark, art, ate, baa, ban, bar, bat, ben, bet, bra, ear, eat, era, ern, eta, kab, kae, kat, kea, ken, nab, nae, neb, net, ran, rat, reb, ret, tab, tae, tan, tar, tea, ten.

+3 letters: debarkation, embarkation.

+4 letters: breakfasting, breathtaking, cabinetmaker, debarkations, embarkations, pathbreaking, unmarketable.

+5 letters: cabinetmakers, heartbreaking, skateboarding.

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