Indonesia c.bank RRR cut to boost bank liquidity by 26 trln rupiah
A move by Indonesia’s central
bank to cut the reserve requirement ratio (RRR) for banks by 50
basis points will provide the banking system with an extra 26
trillion rupiah ($1.84 billion) of liquidity, Bank Indonesia’s
governor said on Thursday.
bank to cut the reserve requirement ratio (RRR) for banks by 50
basis points will provide the banking system with an extra 26
trillion rupiah ($1.84 billion) of liquidity, Bank Indonesia’s
governor said on Thursday.
Posted by Reuters
