00:00 The Bank of Central and Philippines says banks' reserve requirement ratio is off the table this year.
00:05 A report said that in June, the RRR of universal and commercial banks and non-bank financial institutions
00:12 with quasi-banking functions were reduced by 250 basis points to 9.5 percent.
00:19 Meanwhile, the target reverse repurchase rate was preserved at 6.25 percent.
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