Philippine c.bank holds key rate at record low, as expected

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MANILA: The Philippine central financial institution left its benchmark curiosity rate regular at a record low on Thursday, as broadly expected, underscoring the necessity to insulate the economic system from home and international uncertainties.

The Bangko Sentral ng Pilipinas (BSP) stored the rate on the in a single day reverse repurchase facility at 2.0% for an eleventh straight coverage assembly, as predicted by all 17 economists in a March 15-21 Reuters ballot. – Reuters



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