What is a RRR cut? The most basic operation method of a bank is to lend the deposits of depositors in the bank to other people or companies to earn interest. At the same time, the bank will leave a part of the deposit as a reserve. If someone comes to withdraw money, the bank will mobilize this part of the deposit. As for the amount of deposits left, the central bank decides how to determine the ratio. This ratio is called the statutory reserve ratio, and this amount of money is called the...
Self-discipline Proposal for the Steel Industry