(NAR) VOL. 13 NOS. 1-2 / JANUARY-MARCH 2002
The Monetary Board in its Resolution No. 456 dated March 25, 2002 has approved the indefinite extension of the one-banking day lag for Cash in Vault (CIV) as a component of Available Reserves for the purpose of determining compliance with the minimum reserve requirement.
Please be guided accordingly.
Adopted: 05 April 2002
(SGD.) RAFAEL B. BUENAVENTURA
Governor