Philippine central bank holds rates at record low to support pandemic-hit economy Rabu, 12 Mei 2021 / 15:38 WIB Sumber:
KONTAN.CO.ID -
MANILA. The Philippine central bank left its key interest rate steady at a record low on Wednesday, as policymakers focus on supporting an economy which is showing signs of recovering after shrinking last year and in the first quarter of 2021.
The Bangko Sentral ng Pilipinas (BSP) kept the rate on the overnight reverse repurchase facility at 2.0% for a fourth consecutive meeting, as predicted by all 13 economists in a Reuters poll.
The rates on the overnight deposit and lending facilities were also held steady at 1.5% and 2.5%, respectively.