During its meeting of April 13, 2022, the Monetary Policy Committee (MPC) of the Centrale Bank van Aruba (CBA) decided to raise the reserve requirement rate from 18.0 percent to 20.0 percent as of May 1st, 2022. This decision was primarily based on the persistent elevated level of excess liquidity at the commercial banks, as well as the continued rise in inflationary pressures.

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