THE rise in commodity prices could be higher in February due to more expensive food items, according to the Bangko Sentral ng Pilipinas (BSP). On Thursday, BSP said inflation could average 2.8 to 3.6 percent in February due to more expensive food items such as rice, meat, and fish. The…
THE Monetary Board, the highest policymaking body of the Bangko Sentral ng Pilipinas (BSP), has left the Target Reverse Repurchase (RRP) Rate unchanged for the second time in a row. With the decision, the country’s key policy rate was maintained at 6.5 percent. The interest rates on the overnight deposit…