Monday, December 12, 2011

Is the reserve requirement on bank deposit is not less than 5-25% on savings and time deposit?

I'm not sure the Yahoo community understood your question. What I think you are trying to ask is... what is the reserve rate or ratio. I can only provide information specific to the American banking system.





The U.S. reserve requirement, set by the FDIC, is 11%.


Well, it's actually set at 'above 10%', which means 11%.





Here's some reading for you if you're curious:





http://www.federalreserve.gov/monetarypo鈥?/a>

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