2008-11-22
CIA 2008 World Factbook
In order to help policymakers understand the nature and global dimensions        of the current financial crisis, The World Factbook has added five new fields        to the Economy category. "Central bank discount rate" provides the annualized        interest rate a country's central bank charges commercial, depository banks        for loans to meet temporary shortages of funds. "Commercial bank prime lending        rate" provides a simple average of annualized interest rates commercial banks        charge on new loans, denominated in the national currency, to their most        credit-worthy customers. "Stock of money" also known as "M1," comprises the        total quantity of currency in circulation (notes and coins) plus demand deposits        denominated in the national currency, held by nonbank financial institutions,        state and local governments, nonfinancial public enterprises, and the private        sector of the economy. "Stock of quasi money" comprises the total quantity        of time and savings deposits denominated in the national currency, held by        nonbank financial institutions, state and local governments, nonfinancial        public enterprises, and the private sector of the economy. When added together        with "M1" the total money supply is known as "M2." "Stock of domestic credit"        is the total quantity of credit, denominated in the domestic currency, provided        by banks to nonbanking institutions.
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