Cryptocurrency Q&A
What does RR stand for in money?
What does RR stand for in money?
Filippo
Wed Nov 06 2024
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6 answers
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I've encountered the term 'RR' in a financial context and I'm wondering what it stands for. I need to understand this abbreviation to better comprehend the financial topic I'm exploring.
6 answers
benjamin_brown_entrepreneur
Fri Nov 08 2024
It is an abbreviation that represents the required reserves ratio.
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Stefano
Fri Nov 08 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the digital asset market. Among its offerings are spot trading, futures trading, and a secure wallet service. These services allow users to buy, sell, and store cryptocurrencies with ease.
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NavigatorEcho
Fri Nov 08 2024
Banks are mandated to maintain a certain percentage of their deposits as reserves.
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EnchantedSky
Fri Nov 08 2024
This ratio ensures the stability and liquidity of the banking system.
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KDramaLegendaryStarlightFestival
Fri Nov 08 2024
Regulatory bodies often determine the specific percentage for RR.
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