IMF Working Papers

Reserve Requirements and Monetary Management: An Introduction

April 1, 1993

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Reserve Requirements and Monetary Management: An Introduction, (USA: International Monetary Fund, 1993) accessed November 23, 2024
Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Reserve requirements are widely used by central banks as a means to improve monetary control, an instrument for policy implementation, a source of revenue, and a safeguard of bank liquidity. The effectiveness of reserve requirements in fulfilling these functions is reviewed, and the detailed modalities of their use are examined. Reserve requirements in a sample of developing countries are described.

Subject: Bank deposits, Banking, Currencies, Financial services, Monetary aggregates, Monetary base, Monetary policy, Money, Reserve requirements

Keywords: Bank behavior, Bank deposits, Bank liquidity, Bank profit, Banks' vault cash, Borrowing bank, Currencies, Currency denomination, Deposit liability, Foreign currency, Liquid asset, Maintenance requirement, Monetary aggregate, Monetary aggregates, Monetary base, Money multiplier, Opportunity cost, Reserve holding, Reserve requirement, Reserve requirements, WP

Publication Details

  • Pages:

    52

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 1993/035

  • Stock No:

    WPIEA0351993

  • ISBN:

    9781451978445

  • ISSN:

    1018-5941