The minimum amount of reserves a bank is required to hold is known as

Name: The minimum amount of reserves a bank is required to hold is known as
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The required reserve ratio is the percentage of deposits that a bank is required to hold as reserves. It is determined by the central bank of the country and varies from country to country. This ratio sets the minimum amount of reserves that a bank must hold to ensure that it has enough cash on hand to meet the demands of its depositors.

The Minimum Amount of Reserves a Bank Is Required to Hold