What is interest rate?

[Lens]

The interest rate is a financial instrument that is used to stabilize the economy of a country by regulating the inflation rate . The inflation rate could be regulated through interest rate policies made by the Central Bank. If the inflation rate is high, the interest rate will be increased to cushion the effect.

 

[Salt]

This is what is working in India right now. Since inflation is at its peak, Most of the banks have increased their Bank Interest rates, and its a tool used by the Government to keep users with less purchasing power.

 

[Kane]

In my home country, the current interest rate for a normal saving is around 7 percent, interest in fixed deposits is around 12 percent and interest on loans is between 8-18 percent.

 

[Lens]

This is what is working in India right now. Since inflation is at its peak, Most of the banks have increased their Bank Interest rates, and its a tool used by the Government to keep users with less purchasing power.

The interest rate is a monetary tools that is implemented by the government to regulate the inflation rate in the economy and if they noticed that in the interest rate is increasing they would increase the interest rate.

 

[Salt]

The interest rate is a monetary tools that is implemented by the government to regulate the inflation rate in the economy and if they noticed that in the interest rate is increasing they would increase the interest rate.

There are so many tools that a Government uses with the help of the central bank of the country which is the Reserve bank of India or RBI for India.

 

[Bisolami]

The interest rate is a monetary tools that is implemented by the government to regulate the inflation rate in the economy and if they noticed that in the interest rate is increasing they would increase the interest rate.

I was actually thinking that it is the amount of money or the percent of money you will earn on an investment

 

[Salt]

These are like tools that are used by Central bank of the country and Government of the country to increase or decrease the cash flow as per the economic situation

 

[Inem]

The interest rate is a monetary tool used by the government to control the amount of money in circulation.

 

[Salt]

Government with the help of central bank prepare its monetary policy to cope with the market situation and control inflation or deflation

 

[Good-Person]

This is what is working in India right now. Since inflation is at its peak, Most of the banks have increased their Bank Interest rates, and its a tool used by the Government to keep users with less purchasing power.

The federal reserve in the United States is a department that evaluates the interest rates. They have increased the rates too much.

 

[Salt]

That also affects the prices of different things like Shares, Gold price, etc so if one is an investor then one should keep an eye on the interest rate too

 

[Good-Person]

That also affects the prices of different things like Shares, Gold price, etc so if one is an investor then one should keep an eye on the interest rate too

The rates of dollar are dropping because the federal reserve overvalued the prices of dollar, according to the latest news.

 

[Salt]

I still see it at around Rs. 82 for a dollar so it's not dropping but yes the interest rate does make an impact on the different markets of the world