WP02/2019 Using Reserve Requirements as a Macroprudential Tool

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As several economies have modified direct monetary policies to safeguard financial stability Melville and Persad (2019) explore how reserve requirements could enhance Trinidad and Tobago’s macroprudential framework and find that the primary reserve requirement ratio effectively curbs unsustainable credit growth.

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Explore the full Strategic Plan 2026/27-2030/31: Insight to Impact

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