by Venketash Sivanandam on February 13th, 2006

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What is CRR?

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by wickedwillie on February 15th, 2006
CRR or Cash Reserve Ratio is, simply put, the portion (expressed as a percent) of depositors' balances banks must have on hand as cash. This is a requirement determined by the country's central bank, which in the U.S. is the Federal Reserve.
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