Central Bank Balances and Reserve Requirements

Central Bank Balances and Reserve Requirements
Most central banks oblige depository institutions to hold minimum reserves against their liabilities, predominantly in the form of balances at the central bank. The role of these reserve requirements has evolved significantly over time. The overlay of changing purposes and practices has the result that it is not always fully clear what the... READ MORE...

Publication date: February 2011
ISBN 9781455217908
$18.00

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