Reserve Requirements and Monetary Management
AbstractReserve requirements are widely used by central banks as a means to improve monetary control, an instrument for policy implementation, a source of revenue, and a safeguard of bank liquidity. The effectiveness of reserve requirements in fulfilling these functions is reviewed, and the detailed modalities of their use are examined. Reserve requirements in a sample of developing countries are described.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 93/35.
Date of creation: 01 Apr 1993
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- Inese Buzeneca & Rodolfo Maino, 2007. "Monetary Policy Implementation," IMF Working Papers 07/7, International Monetary Fund.
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