Bank reserves

From Wikipedia, the free encyclopedia

Bank reserves are banks' holdings of deposits in accounts with their central bank (for instance the European Central Bank or the Federal Reserve, in the later case called federal funds), plus currency that is physically held in bank vaults (vault cash). The central bank sets minimum reserve requirements.

The Bank of England uses the term rest to describe the same concept.

[edit] See also

• Official gold reserves
• Monetary base
• Reserve requirement