Hello guys!!!!!!
can u please me in simple words about call money and certificate of deposit please.........
Share
Hello guys!!!!!!
can u please me in simple words about call money and certificate of deposit please.........
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
call money is a method by which banks lend to each other maintain the cash reserve ratio .the intrest rate paid on call money is known as the call rate there is an inverse relationship between call rates and other short term money