Monetary Board maintains key interest rates amid inflation concerns, tight financial conditions

calendar_today May 22, 2024 schedule 2 min read

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 […]

Economy, News

BSP cites inflation targets and opportunities for investment in Islamic banking and finance sector

calendar_today September 18, 2023 schedule 2 min read

In a recent dialogue with the country’s top economic managers held at Doha in Qatar last September 10, entitled “PH Dialogue: Economic Outlook and Opportunities,” the Bangko Sentral ng Pilipinas (BSP) underscored its readiness to safeguard the national government’s inflation target. According to BSP Deputy Governor Francisco G. Dakila, Jr., the average inflation for 2023 […]

Target Reverse Repurchase rate

Monetary Board maintains key interest rates amid inflation concerns, tight financial conditions

BSP cites inflation targets and opportunities for investment in Islamic banking and finance sector