Expert calls for Cambodian gov't to lower bank reserve rate

PHNOM PENH, Jan. 22 (Xinhua) -- The government must lower the reserve rate of banks so that financial institutions can loan more money and fuel the economy in the grips of a financial slowdown, national media reported on Thursday. The National Bank of Cambodia, in an attempt to lower inflation and cool the lending market, began requiring in May 2008 that banks double their reserves from