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- Bank reserves are the cash minimums that financial institutions must have on hand in order to meet central bank requirements. This is real paper money that must be kept by the bank in a vault on-site or held in its account at the central bank.www.investopedia.com/terms/b/bank-reserve.asp
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WEBJan 25, 2024 · The Federal Reserve System (FRS) is the central bank of the United States. Often called the Fed, it is arguably the most influential financial institution in the world. It was founded to...
What Is a Central Bank and What Does It Do for You?
WEBFurther information: Central bank. Obverse of a Federal Reserve $1 note issued in 2009. In its role as the central bank of the United States, the Fed serves as a banker's bank and as the government's bank. As the …
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