RRR cut to free up over ₱300B in loanable funds

The decision of the Bangko Sentral ng Pilipinas (BSP) to lower the cash requirements of banks is expected to inject over P300 billion in additional money supply to the domestic economy, doubling down on easing as more interest rate cuts are likely on the table this year, Nomura said. In a commentary, the Japanese investment
Read The Rest at :