| 1. | The minimum reserve rate amounts to a tax on banking in Germany.
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| 2. | The central bank also changed its minimum reserve requirement for commercial banks.
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| 3. | It cut the minimum reserves in August to defuse European opposition.
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| 4. | "This disadvantage of non-interest-bearing minimum reserves is, I think, self-evident, " he said.
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| 5. | Currently, six out of 11 euro-zone countries require minimum reserves.
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| 6. | The money includes billions of rubles that were freed through lowering minimum reserve requirements.
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| 7. | By controlling the Minimum Reserves, the Central bank helps the interbank system run smoothly.
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| 8. | "But that's really another question that has nothing to do with minimum reserves ."
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| 9. | In 1991 commercial banks pressured the government to reduce their 35 percent minimum reserve ratio.
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| 10. | The minimum reserve rate for savings deposits will fall from 2 percent to 1.5 percent.
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