February 22, 2018 / 2:16 AM / 8 months ago

Peru central bank to cut reserve requirements for dollar deposits

LIMA, Feb 21 (Reuters) - Peru’s central bank will lower the reserve requirement for dollar deposits to 37 percent from 38 percent starting in March, the bank said on Wednesday.

The monetary authority has been gradually lowering the requirement since 2016. (Reporting by Marco Aquino; Writing by Luc Cohen; Editing by Sandra Maler)

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