The central bank of Lithutia charges an interest rate of 2 percent from the country's commercial banks to borrow money. In this scenario, the interest rate is called the _____.

Name: The central bank of Lithutia charges an interest rate of 2 percent from the country's commercial banks to borrow money. In this scenario, the interest rate is called the _____.
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The interest rate charged by a central bank to lend money to commercial banks is known as the discount rate.

The Central Bank of Lithutia Charges an Interest Rate of 2