Reserve Requirements and Monetary Management: An Introduction
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.
Series:
Working Paper No. 1993/035
Subject:
Bank deposits Banking Currencies Financial services Monetary aggregates Monetary base Monetary policy Money Reserve requirements
English
Publication Date:
April 1, 1993
ISBN/ISSN:
9781451978445/1018-5941
Stock No:
WPIEA0351993
Pages:
52
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