BusinessWorld E-paper
September 29, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) is looking to further reduce banks’ reserve requirement ratio (RRR) when the time is right, possibly as early as 2024, itsgovernor said
on Thursday.“For 2023, (yes), it’s off the table. Maybe the soonest would be 2024,” BSP Governor Eli M. Remolona, Jr. told reporters late on Thursday when asked when the central bank would consider RRR cuts
