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That must be unique in the industrialized world.
According to the wikipedia article none of Australia, Canada, Mexico, Sweden or the United Kingdom have a reserve requirement.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Mon Dec 17th, 2007 at 02:57:06 PM EST
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That seams to be a popular list around these intertubes, but from what I can gather, the worldbank disagrees (xls-warning) and instead says it is 8% in Sweden.

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by A swedish kind of death on Mon Dec 17th, 2007 at 08:42:21 PM EST
[ Parent ]
Hmm, that wiki list has been sourced from some macroeconomics textbook. Would you mind going in and correcting the mistake?

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Tue Dec 18th, 2007 at 03:00:28 AM EST
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