Philippines cash reserve ratio


Philippines cash reserve ratio: 7 (-26.32%)
Last Update: September 20, 2024

Philippines cash reserve ratio closed down 7 as of September 20, 2024 from 9.5 from the previous month and 9.5 from last year.


Philippines cash reserve ratio Analytics & Data




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Philippines cash reserve ratio

Date Values
2024-09-20 7
2024-08-31 9.5
2024-07-31 9.5
2024-06-30 9.5
2024-05-31 9.5
2024-04-30 9.5
2024-03-31 9.5
2024-02-29 9.5
2024-01-31 9.5
2023-12-31 9.5
2023-11-30 9.5
2023-10-31 9.5
2023-09-30 9.5
2023-08-31 9.5
2023-07-31 9.5
2023-06-08 9.5
2023-05-31 12
2023-04-30 12
2023-03-31 12
2023-02-22 12
2023-01-31 12
2022-12-31 12
2022-11-30 12
2022-10-31 12

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Philippines cash reserve ratio Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
cash reserve ratio ph.cashreserveratio 7.0 9.5 -26 -26 Down Down 8 2024-09-20

Philippines cash reserve ratio Quantitative Analysis, Charts & Factors

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Philippines cash reserve ratio Historical Data

The MacroVar database offers free access to historical data for the Philippines cash reserve ratio, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines cash reserve ratio data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines cash reserve ratio

The Philippines cash reserve ratio refers to the percentage of a bank's total deposit liabilities that must be held in reserve in the form of cash or deposits with the central bank. This ratio is set by the Bangko Sentral ng Pilipinas (BSP) and is used as a tool to regulate the amount of money that banks can lend out and to control inflation. By increasing the cash reserve ratio, the BSP can reduce the amount of money available for lending, which can help to curb inflation. On the other hand, lowering the ratio can stimulate lending and economic growth. The cash reserve ratio is an important tool in the BSP's efforts to maintain financial stability and control the country's monetary policy.

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