SRR requirements
PETALING JAYA: After the latest slash in the key benchmark interest rate, a cut in the statutory reserve requirement (SRR) appears imminent amid the coronavirus (Covid-19) outbreak with the economy remaining under further pressure.
Economists are expecting at least a 50 basis points (bps) cut in the SRR in the second quarter of this year, if the Covid-19 pandemic continues and oil prices takes a further hit amid a slower economic growth.
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