Deposit-taking institutions generally rely on each other for cash and to meet their daily liquidity needs.

Name: Deposit-taking institutions generally rely on each other for cash and to meet their daily liquidity needs.
Brand: Quizplus
Rating: 5.0 (64 reviews)

Question

Quizplus · Accepted Answer

Deposit-taking institutions, such as banks, often rely on each other for cash settlements and to maintain adequate levels of liquidity. This is achieved through various mechanisms, such as interbank lending, overnight borrowing, and the use of central bank facilities.

Deposit-Taking Institutions Generally Rely on Each Other for Cash and to Meet