Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said Monday there is no urgency to reduce banks' reserve requirement ratio (RRR) at this...
Bangko Sentral ng Pilipinas Governor Benjamin Diokno on Wednesday ruled out the possibility of another reduction in the reserve requirement ratio of banks, saying...
Banks diverted funds to government securities, instead of lending to the public, after the Bangko Sentral ng Pilipinas reduced their reserve requirement ratio, according...
Global debt watcher Moody’s Investors Service said Wednesday the Bangko Sentral ng Pilipinas’ move to reduce the reserve requirement ratio will be credit positive...
"The central bank has other powerful weapons in its armory."
A central bank is a very powerful institution, and this country’s central bank, the Bangko...