Read this in The Manila Times digital edition.

Bangko Sentral ng Pilipinas Governor Benjamin Diokno announced last week the lifting of the central bank’s key policy rates for the first time in three years. PHOTO BY JOHN RYAN BALDEMOR
Bangko Sentral ng Pilipinas Governor Benjamin Diokno announced last week the lifting of the central bank’s key policy rates for the first time in three years. PHOTO BY JOHN RYAN BALDEMOR

CITING improved economic growth and rising inflation, the country's monetary authorities have finally raised the central bank's benchmark interest rates for the first time in three years.

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