Global Economic News

Philippine Central Bank Keeps Rate Unchanged

The Bangko Sentral ng Pilipinas kept its policy rates untouched on Thursday after an off-cycle rate hike in October and hinted at more tightening if required to steer inflation towards a target-consistent path.

The Monetary Board, led by Governor Eli Remolona, maintained the target reverse repurchase rate at 6.50 percent.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by Renju Jaya

For comments and feedback: contact editorial@rttnews.com

More Global Economic News