BSP maintains policy rates at record lows

By Anna Leah E. Gonzales

Jun 25, 2021 12:54 am

The Monetary Board of the Bangko Sentral ng Pilipinas (BSP) on Thursday maintained the record low key interest rates but revised upward the inflation outlook for 2021 and 2022.

Overnight borrowing was maintained at 2.0 percent while deposit and lending facilities were likewise kept at 1.5 percent and 2.5 percent, respectively.

Bangko Sentral ng Pilipinas

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Growth, fiscal targets up for review

Trump vows new tariffs that threaten global trade

Ratings upgrade possible as S&P raises PH outlook

DA okays additional imports of frozen fish

Peso returns to P59:$1, PSEi also drops on US tariff threat

PH e-commerce seen hitting $60B

Good governance: Key to achieving sustainable development