Philippines: BSP hikes rates, first in more than 3 years
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) finally raised interest rates for the first time in more than three years yesterday, saying monetary authorities are ready to take further policy action to temper inflationary pressures. BSP Governor Nestor Espenilla Jr. said in a press conference the central bank’s Monetary Board decided to raise […]
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