Tentative deadline for raising required reserve ratios postponed to 1 March 2023
The Bank of Russia postpones the previously announced tentative deadline for the next stage of raising required reserve ratios from 1 January to 1 March 2023.
The decision was made taking into account the reduction in the forecast of the banking sector's liquidity surplus by 0.7 trillion rubles to
The estimated deadline for the second stage of raising the required reserve ratios, scheduled for 1 June 2023, remains unchanged.
The amount and timing of the application of the required reserve ratios, which will be set by the decision of the Bank of Russia Board of Directors in 2023, will be announced later.
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