Difference Between Bank Rate and Base Rate | Compare the . . Best exchange rate comparsion for canadian bank ,Fx,Forex, currency converter 

Best Currency Exchange Rate in Canada

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Difference Between Bank Rate and Base Rate | Compare the . . .  
Bank rate is also referred to as the ‘ discount rate ’ and is the rate at which the central bank lends funds to the commercial banks. The commercial banks have a minimum reserve amount of funds to maintain and when the bank reaches this minimal threshold level, they borrow from the central bank.   more



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