TopicExchange rates & FX
lìlǜ · /li⁵¹ lü⁵¹/
利率
lìlǜ/li⁵¹ lü⁵¹/noun
cost of borrowing money, usually as a percent per year
借钱的成本,通常以年百分比表示
Rate differentials between countries can move exchange rates.
国与国之间的利差可能推动汇率。
Examples
The central bank raised the interest rate to cool inflation.
A higher interest rate can attract foreign capital inflows.
Mortgage costs track the policy interest rate closely.
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