What is the required reserve ratio (RRR)?

the ratio of commercial to personal loans that a bank makes

the amount of money a bank has to loan out

the portion of a deposit that a bank must keep on hand

the deposits that commercial companies make in banks

1 answer

The required reserve ratio (RRR) is the portion of a deposit that a bank must keep on hand. It is a regulation set by central banks that mandates banks to hold a certain percentage of their deposits as reserves, either in their vaults or at the central bank, to ensure liquidity and stability in the financial system.