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May 14, 2015 - Philippine Central Bank Keep Interest Rates Unchanged
Monetary Board Keeps Policy Rates Unchanged by The Philippine Central Bank
At its meeting today, the Monetary Board decided to maintain the BSP's key policy rates at 4.00 percent for the overnight borrowing or reverse repurchase (RRP) facility and 6.00 percent for the overnight lending or repurchase (RP) facility. The interest rates on term RRPs, RPs and special deposit accounts (SDA) were also kept steady. The reserve requirement ratios were likewise left unchanged.
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