BSP keeps rates unchanged as expected

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5 months ago

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) kept its key rate unchanged at 6.5 percent on Thursday, extending its pause for the sixth straight meeting. The Monetary Board, the BSP’s policy-making body, decided to keep the benchmark rate at its highest in more than 17 years although risks to inflation are now tilted

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