UPDATE 1-Jordan’s central bank cuts bank reserves to inject liquidity
Jordan’s central bank cut
compulsory reserves for commercial banks to 5% from 7% on Sunday
to inject more than 500 million dinars ($705 million) of extra
liquidity to mitigate the negative impact of coronavirus on the
debt-straddled economy.
compulsory reserves for commercial banks to 5% from 7% on Sunday
to inject more than 500 million dinars ($705 million) of extra
liquidity to mitigate the negative impact of coronavirus on the
debt-straddled economy.
Posted by Reuters
