Interest rates cut anew by 50 bps

Jun 26, 2020 12:30 am

Bangko Sentral ng Pilipinas Gov. Benjamin Diokno. PHOTO BY J. GERARD SEGUIA

The Bangko Sentral ng Pilipinas (BSP) on Thursday unexpectedly slashed its key interest rates to its lowest level to support the Philippine economy’s recovery from the coronavirus disease 2019 (Covid-19) pandemic.

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