ABIF clarifies bank liquidity

The Reserve Bank of Fiji building in Suva. Picture: JONACANI LALAKOBAU

THE Association of Banks in Fiji believes that there is room to reduce currency in circulation which is currently around $850 million. In a press statement issued yesterday, the ABIF stated that all the banks fully supported the use of EFTPOS by the general public as this had the potential to increase bank liquidity as […]

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