20 February 2020 – Decreased reserve requirement ratio on time deposits

This item is sourced from COVID-19 Policy Watch co-ordinated by Policy. We are in the process of gathering further information and aligning taxonomies for these items.

Type of Intervention: Financial markets and monetary policy
Sectors Involved:
Level of Jurisdiction: National
Lead People/Agency:

Overview: The Banco Central do Brasil decreased the reserve requirement ratio on time deposits from 31% to 25%.
Full details here: https://www.bcb.gov.br/detalhenoticia/16983/nota