reserve requirement ratio

China’s central bank says it will boost forex market resilience

The bank will study creating new structural monetary policy tools and support the investment and financing of technology innovation, consumption boosting and foreign trade stabilisation

The announcement comes after the BSP last week unexpectedly kept interest rates steady at a policy review.

Philippine central bank cuts banks' reserve requirements, effective from late March

The reduction will bring the reserve requirement for universal and commercial banks down to 5% and will take effect in the week of March 28

The BSP said the cuts were in line with its efforts to reduce distortions in the financial system, lower intermediation costs, and promote better pricing for financial services.

Philippine central bank cuts banks' reserve requirement ratios from Oct 25

The reserve requirement ratios (RRR) for universal and commercial banks will be cut by 250 basis points to 7%

The PBOC (top) made a 50-bps RRR cut for all banks that took effect on Feb 5 to support a fragile economic recovery.

China sees room to lower reserve requirement ratio, PBOC official says

The average RRR for financial institutions is around 7% at present, “so there is some room,” says official