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    Financial Institutions Management
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    Exam 19: Liability and Liquidity Management
  5. Question
    The Minimum Average Daily Reserves Required in a Maintenance Period
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The Minimum Average Daily Reserves Required in a Maintenance Period

Question 109

Question 109

True/False

The minimum average daily reserves required in a maintenance period is a percentage of the daily average demand deposits held by a bank during the computation period.

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