BANGKO Sentral ng Pilipinas (BSP) Governor Felipe Medalla said the need to reduce bank's reserve requirement aims to address possible rate tightening effects once the period of the relief measure that was given to banks ends.

Bangko Sentral ng Pilipinas Governor Felipe Medalla.
PNA PHOTO
Bangko Sentral ng Pilipinas Governor Felipe Medalla. PNA PHOTO

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