The current key policy rates of the Bangko Sentral ng Pilipinas (BSP) were left unchanged based on the Monetary Board’s assessment of manageable inflation.
In a press briefing on Thursday, BSP Governor Amando Tetangco Jr. said that interest rates for the overnight borrowing or reverse repurchase (RRP) facility remains at 3.5 percent. Overnight lending or repurchase facility was retained at 5.5 percent, while the reserve requirement ratios were kept steady as well.
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