"Excess reserves" for a commercial bank refer to

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Excess reserves for a commercial bank refer to any reserves (in the form of cash or deposits with the central bank) that the bank holds over and above its desired reserves. These reserves are not required by the central bank but can be held as a precautionary measure or as a source of liquidity. They are different from required reserves, which are the minimum reserves that banks are required to hold by the central bank.

"Excess Reserves" for a Commercial Bank Refer to