One of the major functions performed by the Federal Reserve district banks is

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Fern

8 December, 02:25

One of the major functions performed by the Federal Reserve district banks is

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Melanie Avila · Answer 1

One of the major functions performed by the Federal Reserve district banks is Holdings. Federal Reserve has 12 districts through out the U. S to carry out their function. The holdings function means they have to hold an amount of commercial banks money for reserve. Besides holding, Federal Reserve districts also do 4 other primary functions.