Introducing optional reserve ratios in Hungary

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Lóránt Varga;
  • Journal: MNB Bulletin,volume 5,issue 3 October,pages57-66
  • Subject: reserve requirements, reserve ratio, money supply, money multiplier, liquidity, financial crisis, interbank market
    • jel: jel:E42 | jel:E51 | jel:E58 | jel:G21

As of the reserve maintenance period commencing in November 2010, Hungarian credit institutions will be free to decide whether to apply the previously valid 2% reserve ratio, or to apply a higher mandatory reserve ratio. Credit institutions required to hold reserves may... View more
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