Net borrowed reserves

Net Borrowed Reserves are a statistic the was released in weekly Federal Reserve data showing the difference between the amount of money a bank has borrowed from the Fed and the cash reserves the bank holds above the required minimum. Net borrowed reserves is expressed as a negative number. Deposit banks are required to keep a certain amount of cash on hand at all times. If these banks don’t have enough cash, they will borrow it from a Federal Reserve bank—Read more at Investopedia. Kenton, Will. “Net Borrowed Reserves.” 26 June 2018.