An interest rate is how much interest is paid by borrowers for the money that they borrow. It is usually a percentage of the sum borrowed. So, a simple 10% interest means that if one borrows $100, one pays back $110.
Interest rates in a country are usually guided by a base rate set by its central bank. The interest rate to businesses and citizens is always above the base rate .
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| Global | |
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| Policies |
- Capital requirement
- Contractionary monetary policy
- Expansionary monetary policy
- Basel II
- Basel III
- Basel IV
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| Implementation | |
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Bretton Woods
system |
- International Monetary Fund
- World Bank Group
- International Bank for Reconstruction and Development
- International Centre for Settlement of Investment Disputes
- International Development Association
- International Finance Corporation
- Multilateral Investment Guarantee Agency
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| Lists |
- List of central banks
- Central banks and currencies of Africa
- Central banks and currencies of Asia-Pacific
- Central banks and currencies of the Caribbean
- Central banks and currencies of Europe
- Central banks and currencies of Central America and South America
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