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Definition
A term used in the UK for the rate used by the banks to calculate the Interest rate to borrowers. Top quality borrowers will pay a small amount over base.
Base Rate
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Common Trading Terms
Related Terms
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An index that measures the change in price of a representative basket of goods and services such as food,...
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Currency intervention occurs when one central bank or more buys (or sells) a currency in the foreign...
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The ”reserve requirement ratio” (RRR) or cash reserve ratio (CRR) is the percentage of customer deposits...
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The Federal Reserve of the United States, commonly known as the Fed, is the organization responsible for...
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Monetary policy refers to the process by which a monetary authority controls the money supply in the...
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