The Bangko Sentral ng Pilipinas (BSP) is eyeing more cuts to the reserve requirement ratio (RRR) this year, said Governor Eli Remolona. In an interview with ANC's Business Outlook, Remolona said the ...
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The bank's reserve requirement ratio determines how much money is available to loan out and therefore the amount of these created deposits. The deposit multiplier is then the ratio of the amount ...