The Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) on Thursday announced that it has decided to keep the current key policy rates.
In a press briefing on Thursday, BSP Governor Amando Tetangco Jr. said that interest rates for the overnight borrowing or reverse repurchase facility is at 3.5 percent, while overnight lending or repurchase is at 5.5 percent. The reserve requirement ratios were held steady as well.
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