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Homework Help Forum:
economics
Posted by
izy
on Tuesday, November 3, 2009 at 9:33am.
where will i be able to find the % of bank reserve ratio required by banks for each country?
all i know is that in uk its 10% and USA there is no limit n the amount you need to keep
economics -
economyst
, Tuesday, November 3, 2009 at 6:11pm
Try here for US banks in the Federal banking system:
http://www.federalreserve.gov/monetarypolicy/reservereq.htm
State-chartered banks have their own requirements, which vary by state -- good luck with that
economics -
izy
, Monday, November 9, 2009 at 8:24am
thanks
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