According to Reuters, the Peoples Bank of China has been using targeted increases in banks reserve requirement

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According to Reuters, the People’s Bank of China has been using targeted increases in banks’ reserve requirement ratios (RRR) in recent months. Explain why central banks impose reserve requirements for commercial banks.

Why do commercial banks try to avoid this requirement?

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The Economics Of Money Banking And Financial Markets

ISBN: 9781292268859

12th Global Edition

Authors: Frederic S. Mishkin

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Question Posted: Mar 23, 2024 12:01 AM

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According to Reuters, the Peoples Bank of China has been using targeted increases in banks reserve requirement

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The Economics Of Money Banking And Financial Markets

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