VCSC daily - The SBV increases USD reserve requirement ratio and electricity price hikes postponed
  • 2011-06-02T00:00:00
  • Market Commentary
The SBV increased the reserve requirement ratio in USD from 6% to 7%. On June 1st, the SBV decided to increase the reserve requirement in USD from 6% to 7% of total deposits, following an adjustment from 4% to 6% it made in April.