11.   The higher rates mean that banks will have to spend more than originally thought to bring their bank reserves in pesos up to the minimum required by banking regulations.

12.   The purpose is to address a seasonal rise in the shortage of bank reserves.

13.   A cut in bank reserves would release more investable funds, some of which may be channeled to the stock market.

14.   After the end of trading, the central bank announced it will reduce mandatory bank liquidity reserves, which it recently boosted in an effort to support the peso.

15.   But economists have warned about the dangers of hyperinflation if the government prints too much money or lowers bank reserves to meet these goals.

16.   If the central bank decides to cut bank reserves, it will be the third time this year.

17.   The market is anticipating lower interest rates following adjustments in bank reserves last week and a decline in yields of all treasury bills auctioned Monday, traders said.

18.   The money market should now end with a small surplus that increases bank reserves, to leave reserves comfortably above the requirement.

19.   Traders said the bargain-hunting was fueled by a lowering of required bank reserves which took effect Monday.

20.   Traders said the bargain-hunting was fueled by a lowering of required bank reserves, which took effect Monday.