The reserve requirement ratio (RRR) for commercial banks could be cut early next year to release more liquidity into the financial system, banking giant HSBC said, amid higher T-bond and T-bill issuances, and manageable inflation.
The Bangko Sentral ng Pilipinas (BSP) is expected to announce a 100 basis point cut to the 20 percent RRR by the end of the first-quarter 2018, HSBC economist Noelan Arbis said in a report released during the weekend.
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