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

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Egridasov · Answer 1 · 2020-09-13T11:33:54+0000

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

Distinguish between the central bank rate and the commercial bank's lending rate. What-example-1

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

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