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Press release 2024-044
Influenced by domestic and global financial market developments
CBCS reduces both reserve requirement percentage and pledging rate
Willemstad/Philipsburg – The Centrale Bank van Curaçao en Sint Maarten (CBCS) has decided to reduce its reserve requirement by 0.50 percentage point to 18.50% while the pledging rate was lowered further from 5.25% to 4.75%.