BSP seen to cut reserve requirement ratio

Aug 19, 2024 12:20 am

MONETARY authorities have room to reduce the reserve requirement ratio (RRR) this year following the recent easing in key policy rates, an analyst said.

'Looking forward to RRR cuts soon as it is now clear that the Bangko Sentral ng Pilipinas (BSP) has pivoted from a neutral to a monetary easing stance,' Bank of the Philippine Islands (BPI) senior economist Emilio Neri said.

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