Cut in statutory reserve requirement likely


PETALING JAYA: A cut in the statutory reserve requirement (SRR) may be in the offing if liquidity in the banking system is further impacted by foreign capital outflows amid the external headwinds and domestic uncertainties.

Some economists agree that SRR could come into play this year if financial conditions tighten further as a result of slower economic growth in view of the macroeconomic conditions.

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