The Monetary Board has released its latest balance of payments (BOP) projections for 2024 and 2025, reflecting an optimistic outlook buoyed by global economic expansion and robust domestic demand. These projections, approved during the board’s meeting earlier this week, incorporate the latest data and developments, signaling a cautiously positive external outlook for the coming years. […]
At its meeting held earlier this week, the Philippine Monetary Board decided to maintain the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) Rate at 6.50 per cent. The interest rates for the overnight deposit and lending facilities will also remain unchanged at 6.0 and 7.0 per cent, respectively. Risks to the inflation outlook […]
At its recent meeting on monetary policy, the Philippine Monetary Board decided to keep the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) Rate unchanged at 6.50 percent. Accordingly, the interest rates on the overnight deposit and lending facilities will be maintained at 6.0 percent and 7.0 percent, respectively. IMAGE CREDIT: https://www.outsourceasia.org/ The latest […]
Two new members of the Philippine Monetary Board have just been sworn in! Welcome Rosalia V. De Leon, former National Treasurer, and Romeo L. Bernardo, former undersecretary of the Department of Finance, who will both serve six-year terms as the newest members of the Philippine Monetary Board. Bangko Sentral ng Pilipinas (BSP) Governor Eli M. […]
