Press Release

During its meeting of November 22, 2021, and after reviewing the most recent economic and monetary data, the Monetary Policy Committee (MPC) of the Centrale Bank van Aruba (CBA) decided to increase the reserve requirement rate from 11.0 percent to 12.0 percent as of December 1st, 2021. This decision was primarily based on the elevated level of excess liquidity at the commercial banks

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