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Kyle Foley
SAT
24 December, 14:07
What is a reserve rate
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Kosmo
24 December, 14:21
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The reserve ratio is the portion of depositors' balances that banks must have on hand as cash. This is a requirement determined by the country's central bank, which in the United States is the Federal Reserve. The reserve ratio affects the money supply in a country at any given time.
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