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bonufazy [111]
3 years ago
15

What are excess reserves?

Social Studies
2 answers:
Nostrana [21]3 years ago
8 0

Answer:

Excess reserves are capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors or internal controls. For commercial banks, excess reserves are measured against standard reserve requirement amounts set by central banking authorities.

Explanation:

source = https://www.investopedia.com/terms/e/excess_reserves.asp

denis-greek [22]3 years ago
5 0

Answer:

Excess reserves are capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors or internal controls.Explanation:

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