Theoretical aspects of mandatory reservation asa tool of monetary regulation

The relevance of the topic of the article is due to the need to bring the instruments of regulatory activity of the central bank into line with the essence of the modern monetary system. This general theoretical imperative is considered in the article in relation to such an instrument of monetary regulation as the obligatory reserve of a part of the liabilities of commercial banks on correspondent accounts with the central bank. The purpose of the article is to find an answer to the question of how this tool, on the one hand, is scientifically based, and on the other hand, it meets the interests of commercial banks and the interests of the country (market\) as a whole. As a result of the study, it is concluded that this instrument does not correspond to the essence of the modern monetary system and does not meet the interests of commercial banks, national interests and, in fact, the interests of the central bank itself. As a result, a conclusion is made about the need for a radical transformation of this instrument of regulatory activity of the central bank. The methods of comparative analysis, deduction and induction, the method of historical and logical unity and a number of other scientific methods were used in the work.