The RRR is the percentage of bank deposits and deposit substitute liabilities that banks cannot lend out and must set aside in deposits with the BSP. The regulator slashed the RRR for universal ...
The Bangko Sentral ng Pilipinas (BSP) [link], our central bank, announced a 200 basis point cut to the reserve requirement ratio (RRR), effective March 28. The BSP said that the move was in line ...
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