Answer:
i don't know
Explanation:
What Is the Overnight Rate? The overnight rate is the interest rate at which a depository institution (generally banks) lends or borrows funds with another depository institution in the overnight market. In many countries, the overnight rate is the interest rate the central bank sets to target monetary policy.
This statement is False.
Some people in the Middle East want to learn Western way and others don't. Though most of them are interested in having all the facilities, they are not interested to follow Western ways completely. And this is why in some parts of Middle East heavy resistance against the West can be seen among general population.
