Central Bank of Brazil cut its reserve requirement to raise over $ 20 billion during the 2020 stock market crash .
Bank Indonesia cut its overnight rate by 25 basis points , while the Central Bank of Brazil announced it would cut its reserve requirement on 16 March from 31 % to 25 % , which is expected to release R $ 135 billion ( or $ 29 billion ) into the money supply.
2020 stock market crash