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bank required reserve ratios USA, Canada, Mexico, Brazil, Argentina, EU, China, Japan, Nigeria, South Africa, Afghanistan
Here are the required reserve ratios for banks in each of the countries/regions you mentioned:
USA: The Federal Reserve, the central bank of the United States, sets the reserve requirements for banks. As of 2022, the reserve requirements are:
3% for deposits up to $16.3 million
10% for deposits between $16.3 million and $127.5 million
0% for deposits over $127.5 million (due to a temporary exemption granted during the COVID-19 pandemic)
Canada: The Bank of Canada, the central bank of Canada, sets the reserve requirements for banks. As of 2022, the reserve requirements are:
0% for deposits up to CAD 5 million
2.5% for deposits between CAD 5 million and CAD 50 million
4% for deposits over CAD 50 million
Mexico: The Bank of Mexico, the central bank of Mexico, sets the reserve requirements for banks. As of 2022, the reserve requirements are:
3.5% for deposits up to MXN 10 million
4.5% for deposits between MXN 10 million and MXN 50 million
5.5% for deposits over MXN 50 million
Brazil: The Central Bank of Brazil sets the reserve requirements for banks. As of 2022, the reserve requirements are:
21% for demand deposits
15% for time deposits
25% for foreign currency deposits
Argentina: The Central Bank of Argentina sets the reserve requirements for banks. As of 2022, the reserve requirements are:
26% for demand deposits
18% for time deposits
30% for foreign currency deposits
EU (European Union): The European Central Bank (ECB) sets the reserve requirements for banks in the Eurozone. As of 2022, the reserve requirements are:
1% for deposits up to EUR 100 million
0.5% for deposits between EUR 100 million and EUR 500 million
0% for deposits over EUR 500 million
China: The People's Bank of China, the central bank of China, sets the reserve requirements for banks. As of 2022, the reserve requirements are:
11.5% for large banks (with assets over CNY 1 trillion)
10.5% for medium-sized banks (with assets between CNY 200 billion and CNY 1 trillion)
9.5% for small banks (with assets below CNY 200 billion)
Japan: The Bank of Japan, the central bank of Japan, sets the reserve requirements for banks. As of 2022, the reserve requirements are:
0.35% for deposits up to JPY 10 billion
0.45% for deposits between JPY 10 billion and JPY 50 billion
0.55% for deposits over JPY 50 billion
Nigeria: The Central Bank of Nigeria sets the reserve requirements for banks. As of 2022, the reserve requirements are:
27.5% for demand deposits
20% for time deposits
30% for foreign currency deposits
South Africa: The South African Reserve Bank sets the reserve requirements for banks. As of 2022, the reserve requirements are:
2.5% for deposits up to ZAR 10 million
3.5% for deposits between ZAR 10 million and ZAR 50 million
4.5% for deposits over ZAR 50 million
Afghanistan: The Da Afghanistan Bank, the central bank of Afghanistan, sets the reserve requirements for banks. As of 2022, the reserve requirements are:
15% for demand deposits
10% for time deposits
20% for foreign currency deposits
Note: These reserve requirements are subject to change and may not reflect the current requirements.
Additionally, some countries may have different reserve requirements for different types of banks or financial institutions.