PETALING JAYA: The 50bps cut in statutory reserve requirement (SRR) is expected to release RM7.4bil of liquidity into the banking system, said a research house.
Year-to-date, UOB Research said excess liquidity in the banking system had declined by RM16.8bil to RM119.4bil as at end- September 2019.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!