El Encaje Legal Y Su Finalidad

  • Autor de la entrada:
  • Categoría de la entrada:Sin categoría

The legal reserve is the monetary reserve that, according to the law, must be kept at the central bank by commercial banks and other agents of the financial system as a percentage of the money they receive in local and foreign currency. The actors directly involved in the reserve policy – without this meaning that other economic operators are not concerned – are central banks and private and public banks. For the latter, the creation of bank reserve requirements does not only mean a reduction in the size of their financial or credit intermediation activities and the reorganization of their investments and activities in the space at their disposal; This also implies equivalent profit losses, which banks no longer receive, since in most cases the funds placed in the reserve are not remunerated. Based on the fourteenth measure of legal capacity, two fourteen were assessed in August 2022, with periods ranging from 1 to 14 August and from 15 to 28 August. At the aggregate level, it was found that financial institutions subject to compliance with the statutory reserve policy had a surplus in their fourteenth need. The following graph shows the evolution of the fourteenth compulsory reserve between the first fourteenth Of August 2021 and the end of August 2022: the reverse applies to a situation in which expenditure must be curbed. In this case, the monetary authority would have to increase the bank`s minimum reserves. Although minimum reserves have lost room for manoeuvre as a fundamental instrument of monetary policy, they continue to play a role in promoting sound management of credit and operational risks in the Basel Committee standards. In Basel III[3], reserves held with the central bank are among the high-quality assets used to calculate the short-term liquidity ratio (or countercyclical buffer)[4]. What happens to the level of employment if the bank reserve increases? High reserve requirements reduce the resources that banks can allocate to lending©and withdrawing funds from the public, which in turn leads to a reduction in monetary liquidity. The government could lower banks` reserve requirements so that banks can lend a higher percentage of their deposits. Therefore, the bank multiplier increases and frees up more money into the economy in the form of loans.

This would be a way of pursuing an expansionary monetary policy. Thanks for the comment. The ineffectiveness of these measures would be compensated by the introduction of a first replenishment of the mandatory reserve in April 2020. This measure, which corresponds to the one-time deduction of the deficit recorded by each bank on 1.4.2020 (see Box 1), would have effectively contributed to reducing the deficit reserve gap; However, the implementation of the distribution of the single incentive amount of 1.5 trillion baht did not prevent the recurrence of deficits almost two months later. This result would be linked to the dynamics of the application of the distribution of the incentive and the loss of value that the incentive suffers over time. In order for a bank to receive the discount at the time of the issuance of the reserve requirement, it is necessary to ensure that the value of the dispersion of its average deficit as a percentage of the average of the banking system over the last 22 days is less than one unit. This provides an incentive for banks to maintain their deficits from the outset; As all reserve deficits are present, everyone has a share of the total and therefore receives the right to access the reduction. On the other hand, the value of the global discount of 1.5 trillion baht decreases compared to the magnitude of the reserve deficit that extends over time with the monetary financing of a large part of household spending.

The situation in Venezuela is complex. In fact, increasing banks` reserve requirements reduces investment. What is the relationship between reserve requirements and money supply and inflation??? The fourteenth minimum reserve requirement for each bank or financial company is calculated by multiplying by fifteen% (15%) the basis for calculating the legal reserve requirement for financial liabilities in domestic and foreign currency. And the daily reserve requirement for each bank or financial company is calculated by multiplying the basis for calculating the legal reserve by ten percent (10%) for financial liabilities in both currencies. [5] The respective decisions of the BCV set out the criteria for calculating the level of minimum reserves that banking institutions must maintain in their accounts with this institution.