Monetary Board keeps policy settings unchanged

calendar_today April 9, 2024 schedule 2 min read

The Philippine Monetary Board, at its meeting earlier this week, has decided to retain the Bangko Sentral ng Pilipinas (BSP)’s Target Reverse Repurchase (RRP) rate at 6.5 per cent. Thus, the interest rates on the overnight deposit and lending facilities shall remain at 6 and 7 per cent, respectively. IMAGE CREDIT: https://www.facebook.com/photo/?fbid=790097026486140&set=a.224721136357068 According to the […]

Economy, News

Monetary Board maintains policy settings, sees moderated PH inflation outlook over the horizon

calendar_today November 17, 2023 schedule 3 min read

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 […]