Lara Rominae Ganapin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHIFTING to a variable-rate Reverse Repurchase (RRP) facility auction format will allow the Bangko Sentral to better mop up excess liquidity in the market, according to central bank officials on Wednesday. In a briefing, BSP Deputy Governor Francisco G. Dakila Jr. said the challenge prior to this shift is that…

Michael edwards dreamstimeBangko sentralLara rominae ganapinIluminadat sicatFranciscog dakila jrDepartment of economic researchReverse repurchaseGovernor franciscoSenior assistant governor iluminadaTerm deposit facilityEconomic research director lara rominaOperations systemMichael edwards