Philippine central bank holds rates steady, as expected -Breaking
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© Reuters. FILE PHOTO FILE PHOTO A Bangko Sentral ng Pilipinas logo is seen in their main Manila building, Philippines on March 23, 2016. REUTERS/Romeo RanocoMANILA, Reuters – While the Philippine central banks kept its key rate at a record low Thursday (April 6), they said manageable inflation would allow them to keep policy support alive while the economy recovers.
According to a Reuters poll, all 21 economists expected the Bangko Sentral ng Pilipinas to keep the rate for overnight reverse repurchase at 2.0%.
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