Regulatory Alerts2001-02-27
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Bank of Zambia Core Liquid Assets Ratio Circular 10/2001
The Bank of Zambia has revised the Core Liquid Assets Ratio (CLAR) requirement for all commercial banks upward by ten percentage points to 35%. Effective March 8, 2001, this adjustment addresses ongoing macroeconomic instability, loose market liquidity, and renewed pressure on the foreign exchange market. Future modifications to the ratio will remain contingent upon prevailing macroeconomic stability conditions.
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