KIEV, Feb 4 (Reuters) - Ukraine's central bank has eased its reserve requirement rules for commercial banks, introducing a new layer of foreign currency deposits with a lower requirement, an central bank official said on Wednesday.
Earlier, regulations stipulated that banks with any foreign currencies must put away either 4 percent for term deposits or 7 percent for demand deposits.
Now, it has differentiated between foreign currency deposits derived from foreign banks and financial organisations, for which it has set a 2 percent reserve requirement, from all other foreign currency deposits, for which the requirement remains the same.
A central bank official told Reuters the change came into force on Feb. 1, though banks have a month to recalculate their deposits. (Reporting by Natalya Zinets)