Ethiopia: Central Bank Lowers Reserve Requirements, Marginally

Via AllAfrica | 10 Jan 2012 - 10:19:56

Addis Fortune (Addis Ababa)-Teklewold Atnafu, governor of the central bank, signed, last week, two directives lowering reserve requirements on deposits by five percentage points down to 10pc, and liquidity requirements to 20pc from 25pc. Source