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Cuts in RRR, not just rates, possible–BSP

RISING food costs may not stop the Monetary Board, the highest policy making body of the Bangko Sentral ng Pilipinas (BSP), from cutting not just policy rates but the reserve requirements of banks this year. In a briefing over the weekend, BSP Governor Eli M. Remolona Jr. told reporters that…
Switzerland General United States Patrick Roque Jonathanl Ravelas Bangko Sentral Elim Remolona Jr

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