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Author: Mr.Simon Gray Publisher: International Monetary Fund ISBN: 1455217905 Category : Business & Economics Languages : en Pages : 57
Book Description
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 current purpose of reserve requirements is, and this necessarily complicates thinking about how a reserve regime should be structured. This paper describes three main purposes for reserve requirements - prudential, monetary control and liquidity management - and suggests best practice for the structure of a reserves regime. Finally, the paper illustrates current practices using a 2010 IMF survey of 121 central banks.
Author: United States. Congress. Senate. Committee on Banking and Currency
Author: United States. Congress. Senate. Committee on Banking and Currency
Author: United States. Congress. Senate. Banking and Currency Committee
Author: James Harvie Wilkinson
Author: United States. Congress. House. Committee on Ways and Means
Author: United States. Department of the Treasury
Author: 
Author: United States. Department of the Treasury
Author: Mr.Simon Gray
Author: United States. Department of the Treasury
Author: United States. Congress. House. Banking and Currency Committee