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reserve bank

NOUN
  1. one of 12 regional banks that monitor and act as depositories for banks in their region

How To Use reserve bank In A Sentence

  • Any potential rockiness ahead may dissuade the Reserve Bank from raising interest rates again, at least before the end of the year.
  • Currently, Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has pegged the daily cash limit to $10 billion per month, an amount which is insufficient to buy a plate of the staple sadza meal. Zimbabwean Schools Unlikely to Open, Lacking Funds
  • The Reserve Bank of Malawi on November 11 issued a new series of 20 tambala and 50 tambala coins.
  • The Reserve Bank of India Governor Y.V. Reddy said recently that creating any kind of stabilization fund may not be justified, given the lack of "a dominant 'exportable' natural resource" and "consistent current account deficits. Reality May Thwart
  • The Reserve Bank of India has detected over 1,000 cases of fund diversion by corporate bodies.
  • Czypionka said it would be "inadvisable" for the South African Reserve Bank ANC Daily News Briefing
  • Even though the Fed would be abolished and the gold coin standard restored, there would, at this point, be no outlawry of fractional-reserve banking.
  • The South African Reserve Bank (SARB) moved to a slightly easier monetary stance on Jly 31 to accommodate month-end pressures and under-allocated by 100 million rand rather than the normal 200 million rand under provision which it had applied consistently since Jly 8. ANC Daily News Briefing
  • The Federal Reserve Bank raised interest rates to keep inflation under control .
  • Finally, itmust maintain legally required reserves, in the form of vault cash and/orbalances at its Federal Reserve Bank, equal to a prescribed percentage of itsdeposits.
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