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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 ...
China's central bank on Wednesday said it will lower the reserve requirement ratio by half a percentage point, reversing its course after having raised the ratio five times this year.
The central bank said Friday it would cut its reserve requirement ratio by 1 percentage point over the next month. The reductions will be made in two stages on January 15 and January 25.
Reuters. FILE PHOTO: A Chinese national flag flies at the headquarters of the People's Bank of China, the country's central bank, in Beijing, China, January 19, 2016.
The reserve requirement ratio for major commercial banks will be decreased Friday to 20.5 per cent from 21 per cent, the People’s Bank of China said Saturday in a one-sentence notice on its website.
Brazil's central bank said on Thursday it would lower banks' reserve requirements on time deposits to 25% from 31%, starting on March 16, in a move that will free up an estimated 49 billion reais ...
The Swiss National Bank (SNB) is raising the minimum reserve requirement for domestic banks, it said on Monday, potentially saving it hundreds of millions of Swiss francs in interest payments each ...
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