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Business, 13.04.2021 03:10 mrsclnantambu5956

The average daily net transaction accounts of a local bank during the most recent reserve computation period is $687 million. The amount of average daily reserves at the Fed during the reserve maintenance period is $35.23 million, and the average daily vault cash corresponding to the maintenance period is $12.74 million. Is this bank in compliance with reserve requirements

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