Required Reserve Ratio
Key Facts
Abbreviation
RRR
Pronunciation
/rikˈwaɪərd rɪˈzərv ˈreɪʃiˌoʊ/
Category
Business
Related Field
Accounting
Examples in Context
- The most important of these is cuts to banks ' required reserve ratio.
- Since January 2010, the required reserve ratio and benchmark deposit and lending rates have been raised 12 times and four times respectively.
- But economists expect that increases in the money supply via the new PBoC lending facility would probably be offset by withdrawals via other tools such as reduced foreign exchange purchases, open market operations and the required reserve ratio.
- They also expect further reductions to banks ' required reserve ratio, which, unlike rate cuts, directly inject base money into the banking system.
- To counteract the monetary contraction caused by capital outflows, analysts expect at least two cuts in the required reserve ratio ( RRR ) for banks this year, which will help replenish the supply of base money lost to capital outflow.
Other meanings of RRR
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