Bangko Sentral mg Pilipinas

Filipino Monetary Policy: Wait and See Approach

December 13, 2012

The Monetary Board at Bangko Sentral ng Pilipinas decided to keep its 3.5% reverse repo or overnight borrowing rate and its 5.5% repo rate unchanged, and officials called the current stance “appropriate.”  These rate levels were reached after four reductions of 25-basis point each most recently in late October but also in January, March and […] More