Your English writing platform
Discover LudwigExact(1)
The research results obtained were used to determine the critical rainfall distribution in time which required reserving the highest capacity of stormwater reservoir.
Similar(59)
Moreover, the Fed pays interest on excess reserves as well as required reserves.
Required reserves play little role in the monetary policies of developed economies.
It is the largest cut in Chinese banks' required reserve ratio (RRR) since late 2008, the nadir of the global financial crisis.
The Bank of Korea raised the required reserve ratio on demand deposits to 7percentt from 5percentt, it said Thursday in a statement.
The 50-basis-point increase, which takes effect on Dec. 20, lifts required reserve ratios to 19 percent for the country's biggest banks, a record high.
It has cut banks' required reserve ratio in three steps since November to free up new lending, and it cut interest rates in June and July.
The central bank also adjusts the required reserve ratio, which determines how much cash is available to banks for lending, more often than it does interest rates.
On the face of it, the cut in the required reserve ratio (RRR) to 18.5% looks like a big dollop of cash.
The country's central bank raised commercial banks' required reserve ratios by half a percentage point from June 20th.In Britain, the number of people claiming unemployment benefits rose in May by 19,600 to 1.49m.
Analysts polled by Reuters this month expected a cut in interest rates of a quarter of a percentage point and a cut of a full percentage point in banks' required reserve ratios by the end of the year.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com