81. The central bank is expected to raise statutory reserve requirements for banks to curb credit and monetary growth, which would lead to higher interest rates. 82. The central bank also changed its minimum reserve requirement for commercial banks. 83. The central bank cut the reserve requirement for commercial banks on ruble-denominated bank deposits and raised the reserve requirement on foreign-currency deposits. 84. The central bank has been reducing reserve requirements for the commercial banks in recent months, which tends to lower rates. 85. The central bank has taken several steps this year to cut reserve requirements on deposits and checking accounts. 86. The bank has reduced reserve requirements twice in the past few months. 87. The Bundesbank said it must be assured that banks will not try to use repo trades as a way of circumventing reserve requirements for other liabilities. 88. The cut in reserve requirements will give banks more money to lend out. 89. The central bank has boosted the reserve requirement three times in the past four weeks to siphon the amount of pesos in circulation and head off inflationary pressure. 90. The central raised the reserve requirement in October because of an oversupply of Trinidad dollars circulating in the economy that resulted in alleged hoarding of U.S. dollars. |
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