BusinessWorld E-paper
January 2, 2025
FURTHER CUTS to banks’ reserve requirement ratio (RRR) should be gradual to avoid stoking inflation, analysts said.
“Reducing RRRs to minimal levels over time makes sense to align it with regional peers and make the banking system more competitive,” Nomura Global Markets Research analyst Euben Paracuelles said in an e-mail. “RRR is a tax on financial intermediation.”
