BSP interest rates cut to record low
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The Bangko Sentral ng Pilipinas (BSP) on Thursday surprised the market by trimming its key interest rates to their lowest level to further support the Philippine economy amid the lingering impact of the coronavirus disease 2019 (Covid-19) pandemic. The centraBSP interest rates cut to record low
The Bangko Sentral ng Pilipinas (BSP) on Thursday surprised the market by trimming its key interest rates to their lowest level to further support the Philippine economy amid the lingering impact of the coronavirus disease 2019 (Covid-19) pandemic. The central bank’s overnight borrowing, lending and deposit rates were slashed by 25 basis points (bps) to […] Read more