cbr quarterly_review, 2007-12-31
Taking into consideration the ruble liquidity situation, the Bank of Russia on October 11 lowered for three months the following required reserve ratios: from 4.0% to 3.0% for credit institutions’ obligations to private individuals in rubles and from 4.5% to 3.5% for obligations to non-resident banks in rubles and foreign currency and other obligations of credit institutions.
Sentiment: reserve_tight
Topic: mp_interest_rate