The central bank has raised its reserve requirements from 10% to 12%. if southern bank finds that it is not holding enough in re

Question

valina [46]

2 years ago

3

The central bank has raised its reserve requirements from 10% to 12%. if southern bank finds that it is not holding enough in re

serves to meet the higher requirements, then it will likely __________.

Business

1 answer:

ivolga24 [154] · Answer 1 · 2023-12-13T07:48:14+03:00

ivolga24 [154]2 years ago

7 0

<span>If southern bank finds that it is not holding enough in reserves to meet the higher requirements, then it will likely </span>borrow for the short term form the central bank.