| Is the reserve requirement on bank deposit is not less than 5-25% on savings and time deposit |
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HackedB
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Is the reserve requirement on bank deposit is not less than 5-25% on savings and time deposit
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Wil
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l am not sure the community understood your question. What l think you are trying to ask is. what is the reserve rate or ratio. l can only provide information specific to the American banking system.
The U.S. reserve requirement, set by the FDIC, is 11%. Well, it is actually set at 'above 10%', which means 11%.
Here is some reading for you if you're curious:
http://federalreserve.gov/monetarypolicy/0693lead.pdf
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