One of the buildings inside the Bangko Sentral ng Pilipinas Complex on Roxas Boulevard, Manila. (The Manila Times file photo)
The Bangko Sentral ng Pilipinas (BSP) kept its key interest rates steady on Thursday as monetary authorities still see the country’s inflation environment as benign.
Overnight borrowing, lending and deposit rates remained at 2.00 percent, 1.50 percent and 2.50 percent, respectively, after the central bank’s policymaking Monetary Board held its eighth and last rate-setting policy meeting for 2020.
“The Monetary Board’s decision was based on its assessment that the inflation environment remains benign,” BSP Governor Benjamin Diokno told a virtual briefing.
Corporate citizen Inquirer: Missions beyond the page
inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
Typhoons drag car sales in November – The Manila Times
manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.
Iemop sees spot market prices to slip further – The Manila Times
manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.