ECB considering raising minimum reserve requirements to 2% from current 1%
The aim of the measure would be to absorb some of the excess liquidity and support the ECB’s efforts to encourage banks to reduce the cash they hold on deposit with the institution itself. Reported by Renta 4 The European Central Bank (ECB) is reportedly discussing the possibility of raising the minimum reserve requirement to 2% from the current 1%, according to some media reports. Minimum reserves are the reserve…






