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12 Nov | Tuesday
Decrease in Statutory Reserve Requirement (SRR) Ratio

Bank Negara Malaysia announced that the Statutory Reserve Requirement (SRR) Ratio will be lowered from 3.50% to 3.00% effective from 16 November 2019.
The decision to reduce the SRR is undertaken to maintain sufficient liquidity in the domestic financial system. This will continue to support the efficient functioning of the domestic financial markets and facilitate effective liquidity management by the banking institutions.
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source: Bank Negara Malaysia
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