Why does the federal reserve require banks to keep a minimum deposit with a federal reserve bank?

Question

asked Jul 16, 2018 193k views

1 Answer

Shrikant Shetty · Answer 1 · 2018-07-22T20:21:58+0000

To make sure that banks will always have enough money available to meet the demand for withdrawal this way the bank has enough money to circulate through the government and the bank.

Why does the federal reserve require banks to keep a minimum deposit with a federal reserve bank?

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

No related questions found

Categories

Other Questions