Business Studies, asked by kumarpraveen68606, 12 hours ago

Which of the following money market rates is watched by central banks for monetary policy

Answers

Answered by Kaushalsingh74883508

1

Explanation:

The policy interest rate is an interest rate that the monetary authority (i.e. the central bank) sets in order to influence the evolution of the main monetary variables in the economy (e.g. consumer prices, exchange rate or credit expansion, among others). ... Different countries have different policy interest rates.

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