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Remolona says no RRR for banks possible

By Inquirer - 2 months ago
Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said it is possible to eliminate the reserve requirement ratio (RRR) for banks within his term, a move that would create an easy liquidity condition for the economy. “Pwede (It’s possible),” Remolona told reporters on Monday when asked about the chances of bringing the RRR of

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