April 29, 2022 13:58 GMT
- BANK OF RUSSIA RAISES FX RESERVE REQUIREMENT RATIO TO 4%
- As of 21 March the CBR said: For banks with a universal licence and non-bank credit institutions, the Bank of Russia sets uniform required reserve ratios equalling 2.00% for all categories of liabilities in rubles and foreign currency.
- For banks with a basic licence, the required reserve ratios are set at 1.00% for all categories of liabilities in rubles and at 2.00% for all categories of liabilities in foreign currency.
- Bank of Russia establishes reserve requirements and ratios for calculating reservable liabilities | Bank of Russia (cbr.ru)