Reserve Requirements and Monetary Management: An Introduction

Publication Date:

April 1, 1993

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

Reserve 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.

Series:

Working Paper No. 1993/035

Subject:

Bank deposits Banking Currencies Financial services Monetary aggregates Monetary base Monetary policy Money Reserve requirements

English

Publication Date:

April 1, 1993

ISBN/ISSN:

9781451978445/1018-5941

Stock No:

WPIEA0351993

Pages:

52

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