What Are Reserve Requirements?
Required Reserves (Required Reserves) refers to the amount of reserves that banks must keep in accordance with customer deposits in accordance with relevant regulations. These funds must be stored in the bank's vault or the nearby Federal Reserve Bank.
Required reserve
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- Chinese name
- Required reserve
- Foreign name
- Required Reserves
- Elaboration
- Reserves held in response to customer deposits
- Category
- Terminology
- related professions
- bank
- Required Reserves (Required Reserves) refers to the amount of reserves that banks must keep in accordance with customer deposits in accordance with relevant regulations. These funds must be stored in the bank's vault or the nearby Federal Reserve Bank.
- Required Reserve:
- English translation Required Reserves.
- The required reserve refers to the amount of reserves that banks must keep in accordance with customer deposits in accordance with relevant regulations.
- These funds must be stored in the bank's vault or the nearby Federal Reserve Bank.