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What is kibor n What is it main purpose?
KIBOR is Karachi inter bank offered rate at which commercial banks charge each other while giving and getting loans among each other. This rate is very beneficial because it utilizes excess amounts of cash/liquid assets that some banks have in excess.
What is nominal interest?
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
What is compounding rate?
Compounding rate is the interest rate at which the rate grow faster than the simple interest on deposit or loan made. It is also said "interest on interest".
What does representative mean with regard to interest rates?
A representative interest rate is an interest rate that is exemplary or acrhetypical rate.
Are interest rate and rate of return the same?
Yes, the interest rate and rate of return are exactly the same.
What is the KIBOR?
The Karachi Inter-bank Offered Rate, or KIBOR, is the average interest rate at which term deposits are offered between prime banks in the Pakistani wholesale money market or inter-bank market.
What is kibor current rate?
kibor rate on 16 November 2010?
What is KIBOR rate in Pakistan?
It is Karachi Inter Bank Offer Rate (KIBOR), given by specialized institution on daily, weekly, monthly and on 1, 2 and 3 yearly basis to all the commercial banks of Pakistan so that they charge interest to their customers on that basis. This rate is inflation adjusted rate and then banks by adding 2 or 3% in KIBOR rate charge their customers for their profit.
What is the definition of kibor Karachi inter bank offer rate?
KIBOR is stand for "The Karachi inter-bank offered rate" which is used by the banks in order to lend the money with each others and with their customers. This is the minimum interest rate (inflation adjusted) which the banks have to charge from their customers.
What means kibor rate?
It stands for Karachi Inter-Bank Offer Rate.
What does mean kibor plus points in mark up rate in business?
Idont know
What is 6 month kibor?
what is the difference of 6 months kibor and 3 months kibor?
When was Joseph Kibor born?
Joseph Kibor was born in 1972.
What is kibor n What is it main purpose?
KIBOR is Karachi inter bank offered rate at which commercial banks charge each other while giving and getting loans among each other. This rate is very beneficial because it utilizes excess amounts of cash/liquid assets that some banks have in excess.
What is nominal interest?
Nominal InterestA nominal interest rate is the interest rate that does not compensate for inflation. This is used in relation to "effective interest rate" or "real interest rate."" Real Interest Rate = Nominal Interest Rate - Inflation Rate " Improvement suggested by Palash Bagchi.
What does the nominal interest rate mean?
A nominal interest rate is an interest rate that does not factor in the rate on inflation. Nominal interest rate could also refer to an interest rate that does not adjust for the full effect of compounding.
How does the real interest rate relate to the nominal interest rate?
A real interest rate and a nominal interest rate are quite similar. The only real difference between the two interest rates are that a nominal interest rate include the cost of inflation where as the real interest rate does not.
