Examples of Excess Reserves in a sentence
Unrealized gain or loss on gold contracts is recognized in profit or loss.
Excess Reserves refer to cash in vaults of the banking institutions and reserves placed by the banking institutions with BNM which are in excess of the required reserves (in the form of clearing and current accounts).
Excess Reserves will be released when the number of Reserves still available is equal to or greater than the projected number of Flight Attendants needed for the following day.
Components of Reserve Money = Currency in Circulation + RequiredReserves + Excess Reserves + Deposits of the Private Sector Currency in Circulation refers to notes and coins issued by BNM less the amount held by banking institutions.
CRR is the percentage of total deposits which the banks must hold in cash reserves for meeting the depositors’ demand for cash.• Excess Reserves – The reserves over and above the cash reserves are the excess reserves.