You are here

Malaysia cuts banks' statutory reserve requirement ratio

Kuala Lumpur

MALAYSIA's central bank has cut the statutory reserve requirement (SRR) ratio of banks to 3.5 per cent from 4 per cent with effect from Feb 1 to address a liquidity crunch in the financial system following capital flight from funds returning to higher-yielding assets in the

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom