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Legal reserve in a sentence

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Sentence count:11Posted:2018-04-13Updated:2020-07-24
Similar words: federal reservelegal representationlegal representativefederal reserve actfractional reservefederal reserve notefederal reserve notesfederal reserve bank
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1. There are no legal reserve requirements.
2. Thus, the legal reserve ratiotogether with the dollar amount of bank reserves are the factors that set theupper limit to money creation.
3. And the monetary control means mainly includes legal reserve requirement rate control, rediscount rate control, and open market business control, etc.
4. The capital used for legal reserve should come mainly from enterprises' investments and government investment is taken as assistant support.
5. In the event that the accumulated legal reserve equals or exceeds a Bank's paid-in capital, the foregoing provision shall not apply.
6. In addition to the required legal reserve,[sentencedict.com/legal reserve.html] a Bank may set aside a special surplus reserve in accordance with its Articles of Incorporation or a resolution of its shareholders.
7. The central bank can change the legal reserve to influence the rate of money supply and interest rates.
8. Finally, it analyzed the relevance of legal reserve and economic growth.
9. As a traditional tool, the effect of legal reserve requirement on monetary policy has been researched and cared for a long time.
10. The reasons and consequents of raising the rate of legal reserve have already become generally concerned points.
11. Article 50 A Bank, at the time of distributing its earnings for each fiscal year, shall set aside thirty percent (30%) of its after-tax earnings as a legal reserve.
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