Term of Day
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at which a
from the commercial banks, depending on the level of
it decides to
in the country's
. To temporarily expand the money supply, the central
rates (so that banks can
of government securities for cash). To
the money supply it increases the repo rates. Alternatively, the central bank decides on a desired level of money supply and lets the
determine the appropriate repo rate. Repo is short for
letter of credi...
pro forma invoi...
net present val...
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