- Bank rate, also
known as
discount rate in
American English, and (familiarly) the base rate in
British English, is the rate of
interest which a central...
-
discounted by any
German bank at any time, and
these banks, in turn,
could rediscount the
bills at the
Reichsbank at any time
within the last
three months of...
- Act of 1934 as the 'standard rate at
which RBI is
prepared to buy or
rediscount bills of
exchange or
other commercial papers eligible for purchase'. When...
-
Bills endorsed by
members of the
Committee were
originally eligible for
rediscount at the Bank of England,
although this
right was
eventually extended to...
-
development of the country. To this end, the Bank was
authorized to set
rediscount ratios (the main
policy tool),
regulate money markets and the circulation...
-
Federal Reserve to ease
their monetary policy and they agreed,
reducing the
rediscount rate from 4 to 3.5%, a move that
Lional Robbins described as resulting...
-
Reserve Act, such as "to
furnish an
elastic currency, to
afford means of
rediscounting commercial paper, to
establish a more
effective supervision of banking...
-
preferential financing system was
eliminated and the bank
abolished its
rediscount ceiling,
although quarterly credit ceilings were reimposed. The new government...
-
state of
development was the lack of a
central institution that
could rediscount bank
promissory notes to
facilitate the
exchange of
promises of ****ure...
- country, the
issue of an
elastic currency based upon
commercial ****ets, the
rediscount of
commercial paper for
banking institutions, and
serving as a depositary...
