BSP keeps rates unchanged

By Mayvelin U. Caraballo

Mar 25, 2022 12:15 am

MONETARY authorities kept key interest rates at record lows on Thursday, choosing to prioritize economic recovery over rising consumer prices.

The Bangko Sentral ng Pilipinas' (BSP) overnight borrowing, lending and deposit rates were maintained at 2.00 percent, 1.50 percent and 2.50 percent, respectively, by the policy-making Monetary Board.

Bangko Sentral ng Pilipinas Governor Benjamin Diokno. SCREENGRAB FROM ONLINE BRIEFING

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