On March 15, 2020, the Federal Reserve Board announced that reserve requirements ratios would be set to 0%, effective March 26, 2020. Prior to the change effective March 26, 2020, the reserve ...

Local Crime & Public Safety Woman’s sentence reduced in Maryland quadruple murder A judge breached T’keisha Gilmer’s plea deal when he sentenced her to life in a quadruple murder case in Lanham.

The Indonesian central bank, Bank Indonesia (BI), is considering a reduction in the secondary reserve requirement for banks from 5% to 4%, effective from June. This policy adjustment is set to ...

Bank Negara Malaysia said the statutory reserve requirement is an instrument to manage liquidity and not a signal regarding the monetary policy stance. Bank Negara Malaysia (BNM) will lower the ...

The People's Bank of China's Governor Pan Gongsheng told reporters the reserve requirement ratio (RRR) will release about 1 trillion yuan ($138 billion) in liquidity.

New Zealand’s capital requirements are meant to ensure banks survive a 1-in-200-year event. The next Reserve Bank governor will need to weigh the costs of relaxing the rules.

MANILA : The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points from late March. The reduction will bring the reserve ...

Reserve requirements are set by central banks and dictate the minimum amount of reserves that a financial institution must hold against its deposit liabilities. Essentially, they help ensure that ...

XRP Ledger reduced base reserve requirements from 10 XRP ($25.60 at current XRP prices) to just 1 XRP ($2.56) on Dec. 2, blockchain data shows. This allows new network users to fund their wallets ...

On Monday, October 28, Jeromy Pittmann, a U.S. Navy Reserve commander who was convicted by a federal jury in July in relation to a bribery scheme involving the Special Immigrant Visa (SIV) program ...

The Bangko Sentral ng Pilipinas (BSP) said in August that it will reduce the reserve requirement for universal and commercial banks and nonbank financial institutions with quasi-banking functions by ...

In a statement on Friday, the BSP said the reserve requirement ratio (RRR) for big banks and nonbank financial institutions would be slashed by 250 basis points (bps) to 7 percent, while the RRR ...