statutory reserve in a sentence
Examples
- An example is the recent reduction in statutory reserve ratio from 13 . 5 per cent to 10 per cent.
- "Bank Negara has also been asked to reduce the statutory reserve requirement by 1 or 2 per cent, " he added.
- Bank Negara had announced a cut in statutory reserves requirements to 10 per cent of eligible liabilities from 13.5 per cent.
- With the new BR, interest rates are determined by the banks benchmark cost of funds and Statutory Reserve Requirement ( SRR ).
- This deposit is Bank Jakarta's reserves, to meet the central bank's statutory reserves requirement of 5 percent of Bank Jakarta's third-party funds.
- Philippines shares rose 3.8 percent, buoyed by the central bank's announcement late Thursday that it plans to cut banks'statutory reserve requirement soon.
- The second gives banks the leeway to go below the required 10 percent statutory reserve requirement for a maximum of 90 days.
- Bank Negara had announced a cut in statutory reserves requirements to 10 per cent of eligible liabilities from 13 . 5 per cent.
- It reduced the statutory reserve requirement to 10 % from 13 % and but raised liquidity reserves to 7 % from 4 %.
- INTERBANK rates closed higher despite additional liquidity following a cut in statutory reserve requirement ( SRR ) to 0 per cent effective on Monday.