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Reserve requirements are set by central banks and dictate the minimum amount of reserves that a financial institution must hold against its deposit liabilities. Essentially, they help ensure that ...
The People's Bank of China said Wednesday it will lower its reserve requirement ratio for financial institutions by half a percentage point. It was the first such cut in the ratio since 2008 ...
The Philippine central bank has excluded interbank borrowings from bank reserve requirements to encourage lending. MUMBAI, Nov 26 (IFR) - The Philippine central bank has excluded interbank ...
The People's Bank of China will also raise banks' reserve requirement ratio by 0.5 percentage points to 11.5 percent,effective on June 5. China will continue to use monetary instruments to ...
MANILA, Feb 21 (Reuters) - The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points from late March. The reduction will bring ...
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